Crypto ETFs Rake in $670 Million: A Wild Start to 2026!

Well, well, well! It looks like US spot crypto exchange-traded funds (ETFs) are kicking off 2026 with a bang, pulling in nearly $670 million on their very first day. Take that, 2025!

After a sluggish end to last year, it seems investors had a sudden case of the “FOMO” (Fear Of Missing Out) and decided to dive right back in. Who knew that mere days into January, they’d be channeling their inner Scrooge McDuck, swimming through digital coins instead of gold?

Bitcoin ETFs Steal the Show with $471 Million Inflow

On January 2, our beloved Bitcoin ETFs led the charge, raking in a whopping $471 million in net inflows. Apparently, everyone woke up from their holiday hangover and remembered that they actually like making money.

BlackRock’s iShares Bitcoin Trust (IBIT) was the star of the day, snagging around $287 million in fresh cash. That’s like finding a crisp $100 bill in your winter coat pocket-unexpected but oh-so-welcome!

Following behind was Fidelity’s Wise Origin Bitcoin Fund (FBTC), which added $88 million to its coffers while the Bitwise Bitcoin ETF (BITB) managed to scrape together $41.5 million. Honestly, at this point, I’m just waiting for a Bitcoin ETF to start a Kickstarter campaign for an even bigger pool of cash.

Even Grayscale’s converted Bitcoin Trust (GBTC) and Franklin Templeton’s EZBC got in on the action, collecting $15 million and $13 million, respectively. It’s like watching a bunch of overachieving kids at a bake sale; everyone wants a piece of the pie!

This collective surge marks the second-highest daily inflow for the group since November 11, surpassing the previous December 17 record of $457 million. If this keeps up, we might need to start calling them “the little ETFs that could.”

It seems institutional investors are reallocating their capital after a season of tax-loss harvesting and withdrawals. Nothing says “I’m ready for the new year” like shuffling your money around like a deck of cards at a casino!

Ethereum and Other Altcoins Join the Party

But wait, there’s more! The good vibes didn’t stop at Bitcoin; Ethereum also reported a hearty $174 million in total net inflows. Apparently, the second-largest digital asset is feeling itself in 2026.

The Grayscale Ethereum Trust (ETHE) took the lead again with $53.69 million in inflows, followed closely by the Grayscale Ethereum Mini Trust, which brought in $50 million, and BlackRock’s iShares Ethereum Trust (ETHA) with $47 million. At this point, I wouldn’t be surprised if they all started a band together.

Smaller market-cap assets got in on the fun too, as investment products tracking XRP saw $13.59 million in inflows, and Solana-based ETFs added $8.53 million. Dogecoin ETFs even saw a modest $2.3 million, marking their highest single-day figure yet. Who knew a meme could still make headlines?

Market analysts are cautiously optimistic about these synchronized inflows across Bitcoin, Ethereum, and alternative coins, hinting at a potential trend reversal. Could it be? Are we witnessing the rise of crypto from the ashes like a phoenix? Or is it just a temporary boost before diving back down? Time will tell!

The uniform positive performance across these ETFs suggests that US investors are eager to dip their toes back into the crypto waters as the new fiscal year kicks off. Let’s just hope they don’t get eaten by some metaphorical sharks along the way! 🦈💸

Read More

2026-01-03 14:12