According to Woofun AI, the Bitcoin Spot ETF (IBIT.US) capital flow was fundamentally reversed, and the net inflow during the year climbed to 800 million US dollars, successfully bridging the previous annual loss gap of up to 5.8 billion US dollars. This shift in macro trends marks a structural recovery in market sentiment from deep pessimism to cautious optimism.
Price rebound and policy catalysis have combined to drive the return of capital. Data compiled by Woofun AI showed that the BTC price recovered from less than $58,000 in early June to $85,000, injecting confidence into the ETF.
The more critical variable is that US Treasury Secretary Scott Bessent announced an increase in bond purchases in August. The move is aimed at coping with multi-year high bond yields for liquidity management and directly driving capital inflows of nearly $400 million. Analysis by data platforms SosoValue and CoinDesk confirmed this turning point: July 13 was the darkest moment of annual losses of $5.8 billion, and subsequent policy intervention quickly reversed the decline.
Despite recent strong performance, there is still a significant gap between the current inflow volume and the historical peak. Total ETF net inflows were $35.2 billion in 2024 and $21.4 billion in 2025. Currently, $800 million is still in the early stages of recovery. Since Tuesday, the ETF has achieved six consecutive days of net inflows, drawing a cumulative total of $2.84 billion, even though the BTC price hovered above $85,000 and failed to break further.
However, this achievement falls short of two other six-day records in history: $2.35 billion inflows from February 22 to 29, 2024, and $4.73 billion from November 6 to 13, 2024, which is almost double the current level.
In terms of market outlook, analysts pointed out that a new round of bull market may have begun, but those who are bullish on Bitcoin still need to face the real challenge of shrinking scale. Although current capital inflows are resilient, they are thin compared to past peaks. This is a gentle test of the market's revaluation of the value of BTC following the 2024 frenzy. Whether the continued net inflow of capital can turn into a price breakthrough depends on the further implementation of subsequent liquidity policies.