Bitcoin ETF (primarily US spot Bitcoin ETF) actions summary in the past year (May 2025 to May 2026):


1. Overall capital flow: first outflow then strong rebound
H2 2025 to early 2026: experienced a significant net outflow phase. From November 2025 to February 2026, a total outflow of about $6-6.4 billion (some periods of consecutive weekly outflows), this is the longest continuous outflow since the ETF launch. Mainly affected by BTC's pullback from its October 2025 high (about $126,000), macro tightening, geopolitical risks, and profit-taking.
March-May 2026 (the last two months): strong rebound. March net inflow about $1.32 billion (the first positive inflow month in 2026).
April net inflow $1.97-2.44 billion (the strongest month in 2026, some data slightly different), setting the best single-month performance since October 2025.
Since May, continuous positive inflows, with multiple days of hundreds of millions of dollars inflow, some periods of consecutive multi-day inflows.
Cumulative result: since its launch in January 2024, total net inflow about $58-60 billion (latest updated value about $6.018 billion), total AUM (assets under management) about $108-109 billion, holding about 1.3-1.336 million BTC (accounting for about 6.3-6.4% of BTC circulation).
BTC-1,76%
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