Bitcoin spot ETF sees the largest capital inflow in October's crash, is a warm spring coming to the crypto market?

Early 2026, the cryptocurrency market demonstrated a strong recovery trend, with investors seemingly reallocating digital assets. After experiencing a downturn in Q4 2025, capital is flowing back at an astonishing rate through the spot ETF channel. Data shows that recent Bitcoin spot ETFs recorded the largest single-day inflow since the market crash in October last year, reaching as high as $753 million, reflecting a market confidence restoration.

Bitcoin spot ETF nearly $760 million in single-day inflow, Fidelity leads the charge

As Bitcoin’s price reclaims the $97,000 level, enthusiasm among institutional and retail investors is reignited. SoSoValue data indicates that in the US market, 12 Bitcoin spot ETFs attracted approximately $753 million in a single day on Tuesday, marking the highest single-day inflow since the crypto market flash crash in October 2025.

Bitcoin spot ETF weekly inflow situation

Weekly inflow also slightly reveals a market confidence recovery. The significant net outflows for four consecutive weeks in Q4 2025 and subsequent sluggishness stand in stark contrast to the convergence seen over the past three weeks.

Among them, Fidelity’s (Fidelity)'s FBTC performed particularly well, absorbing $351 million in a single day. Bloomberg ETF analyst Eric Balchunas pointed out that the scale and persistence of ETF capital inflows have become a core factor influencing current price movements:

The strong start of Bitcoin spot ETFs, with $760 million in capital inflow, is very timely for investors, turning the year’s performance from loss to profit.

(2026 Capital Reflows at Year Start: Bitcoin and Ethereum ETFs Show Strong Buying Momentum)

Not just Bitcoin: Ethereum spot ETFs also recorded $130 million in inflows

This wave of capital revival is not exclusive to Bitcoin; Ethereum also performed well, with a 7% surge the day before yesterday, and a year-to-date increase of 13%. Meanwhile, Ethereum spot ETFs also saw a single-day net capital inflow of $130 million, although the overall weekly inflow performance is not particularly prominent.

Ethereum spot ETF weekly inflow situation

ProChain Capital President David Tawil stated that the market is currently in a recovery and warming-up phase, with overall sentiment generally optimistic, but he also predicts:

In the long term, Bitcoin will gradually decouple from other assets, demonstrating a more independent trend.

Emerging from the 2025 downturn: From October flash crash to regaining confidence

Looking back at 2025, the cryptocurrency market experienced a turbulent year. Due to the large-scale crash in October, Bitcoin (BTC), Ethereum (ETH), and various altcoins all suffered heavy losses, resulting in approximately a 6% decline for Bitcoin throughout 2025.

This was the first annual loss since 2022 and also signaled that the impact of the four-year halving cycle on BTC prices is gradually diminishing.

Since last year, the US stock market, gold, silver, and other capital markets and safe-haven assets performed strongly, while the crypto market appeared sluggish. However, within just half a month into 2026, Bitcoin has risen over 9%, indicating that investors seem to be digesting last year’s downturn and re-evaluating the value of cryptocurrencies in diversified asset allocation.

(Has the capitulation been completed? The key script for Bitcoin’s 2026 bull market restart)

This article, “Bitcoin spot ETF sees the largest capital inflow during October’s crash, is a crypto market spring warming up?” first appeared on Chain News ABMedia.