US-listed spot Bitcoin exchange-traded funds have returned to positive territory for 2026, recording about $320 million in cumulative net inflows through September 23. The turnaround followed roughly $4.6 billion of inflows since August 19, reversing earlier annual outflows. Bloomberg ETF analyst Eric Balchunas had linked the inflow recovery to Bessent’s statement that bond purchases would increase, a development market participants viewed as supportive of accommodative financial conditions and demand for Bitcoin investment products.