Bitcoin investors have succeeded.
They have funneled massive capital into U.S.-traded spot bitcoin exchange-traded funds (ETFs) recently. Consequently, these investment funds now maintain nearly $800 million in yearly net inflows, according to analytics platform SoSoValue. This represents a complete reversal from the negative balances earlier in the year.
To illustrate the severity of the previous downturn, on July 13, those exact ETFs sat at a $5.8 billion yearly deficit. Information reviewed by CoinDesk indicates that this was the lowest point.
This market rebound corresponds with bitcoin climbing back to $85,000 after dropping below $58,000 at the start of June. That price appreciation, alongside robust ETF deposits, has persuaded certain market observers that a fresh bull cycle has already begun.
Almost $4 billion of these net inflows materialized after U.S. Treasury Secretary Scott Bessent announced increased bond purchases in August, a liquidity intervention implemented as bond yields scaled multi-year peaks.
Nevertheless, proponents of the asset still have significant ground to cover. At $800 million, the year-to-date net inflows remain drastically smaller than the $35.2 billion recorded in 2024 and the $21.4 billion seen in 2025.
Six-day winning streak
These financial products have secured capital injections across six consecutive days, despite bitcoin’s price momentum plateauing above $85,000 since Tuesday.
Over the span of six days, the funds accumulated $2.84 billion. While notable, this performance loses some prominence when compared to the only two other six-day sequences documented.
One streak spanned from February 22 to February 29, 2024, pulling in $2.35 billion. The alternate streak occurred between November 6 and November 13, 2024, gathering $4.73 billion, which is roughly twice the amount of the recent run.
Originally published at https://www.coindesk.com/markets/2026/09/25/bitcoin-etfs-have-erased-a-usd5-8-billion-hole.
