Bitcoin ETFs Took In $6.3 Billion in Q3 and Are Up Only $1 Billion for 2026. Where Did the First Half’s Money Go?

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U.S. spot Bitcoin ETFs attracted $6.3 billion in Q3, but that surge left their 2026 net inflows only about $1 billion, implying substantial first-half outflows erased earlier gains. The rebound points to renewed institutional demand, while the weak year-to-date total shows flows remain volatile rather than steadily accumulating. For Bitcoin, ETF demand is a meaningful price driver, but the first-half reversal underscores how quickly that support can fade.

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