While ETF inflows have resumed, the recovery has yet to match last fall’s peak. U.S.-listed spot bitcoin ETFs have attracted $3.29 billion over the past two months, bringing cumulative net inflows since their January 2024 launch to $58.72 billion, still below the $61.19 billion peak reached in October. The current rebound in ETF demand has not yet fully offset the $6.38 billion in outflows seen between November 2025 and February 2026, underscoring that the recovery from last fall’s peak remains…
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