Galaxy Research Chief: U.S. Spot Bitcoin ETP Flows Turn Positive for 2026
AI Market Summary
Galaxy's head of research reported $1B in net inflows to U.S. spot Bitcoin ETPs, the largest single-day intake since 2026, turning year-to-date flows positive for the first time since April. The reversal in ETF flow momentum signals renewed institutional demand and can tighten near-term spot supply dynamics, improving risk appetite across the crypto complex and reinforcing BTC's role as the primary liquidity proxy.
Impact level
● High
Affected assets
BTC/USDT-2.64%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Alex Thorn, head of research at Galaxy, said on X that U.S. spot Bitcoin ETPs recorded $1 billion in net inflows yesterday, marking the largest single-day intake since 2026. Thorn added that the surge has lifted year-to-date net flows back into positive territory for the first time since April. An image he shared was captioned: "Bitcoin ETF Flows Turn Positive Year-to-Date."