Bitcoin and Ethereum ETFs attract $646 million on their first day of trading in 2026

Bitcoin and Ethereum ETFs saw 645.8 million dollars on January 2. This high volume is quite surprising in a very shaky market. It is the best day for Bitcoin funds in over a month. Ethereum hit a peak that was last seen in early December. The year 2025 ended with a price drop across most coins. This makes the new surge in cash stand out even more.

Bitcoin ETFs gained 471.3 million dollars in just one day. Ethereum ETFs gained 174.5 million dollars during the same session. The total reached 645.8 million dollars in a single trading day. In 2025, buyers put over 31 billion dollars into these crypto funds.

These numbers arrived while prices for both coins were actually falling. Bitcoin and Ethereum prices dropped over the last thirty days. Bitcoin hit a high of 126,000 dollars back in October. A big sell off followed that record price peak very quickly. These new flows show that big firms still want to buy.

The market mood tells a different story from the cash flows. The Fear and Greed Index shows that people are still scared. The score hit 25 which means there is extreme fear today. Most small buyers are still worried about recent price swings.

Big buyers may be moving money for simple tax reasons. They often sell in December to lower their total tax bills. A marketing expert named Wal says these buyers are now reloading. They are buying back into the market for the new year. This move could be the start of a much bigger shift. Money is flowing into crypto funds at a high rate again. Some think smaller coins will gain much more ground next. We will see if this trend holds up in the coming weeks.