The US Spot Bitcoin (BTC) exchange-traded fund (ETF) entered 2026 with momentum to reverse past patterns of institutional accumulation, but the outlook is affected by geopolitical tensions in the Arctic.
These financial products are It has already recorded cumulative net flows of over 3,800 BTC mark.which ranks above the 3,500 BTC registered during the same period in 2025.
BTC capture acceleration This suggests that big capital’s appetite for digital assets remains strong.Even in the face of a macroeconomic panorama marked by unexpected international tensions.
The fund’s current developments reflect the maturation of asset managers’ acquisition strategies. “Historically, January inflows are modest, with the largest inflows typically starting between February and April,” explains Ki Young Ju, CEO of on-chain data explorer CryptoQuant.
The graph below shows that the small orange line representing the start of 2026 is starting to rise. Although the total accumulation level is still in its infancy compared to the previous year’s maximum,we may be facing an adoption curve that exceeds the 2025 adoption curve..
If the historical trends from February to April repeat, ETF buying pressure should start to increase significantly in the coming weeks, benefiting asset prices.
Bitcoin ETFs finish strong week
Meanwhile, Bitcoin ETFs are coming off a strong week. Recorded net inflows of $1.42 billion. However, last week ended with outflows of $394 million, despite the weekly total being the highest since October.
BlackRock’s spot ETF, iShares Bitcoin Trust (IBIT) alone, saw inflows of $1.03 billion in its best period this month.
entry They pushed the price of Bitcoin to $97,000 over the weekend.integrates the relationship between capital flows and prices. However, the market is influenced by external factors that limit this growth.
Arctic tensions and their impact on markets
Bitcoin price has not escaped volatility caused by geopolitical tensions. Digital currency fell below $93,000 today, down 2.6% in the past 24 hoursaffected by US President Donald Trump’s announcement of additional tariffs.
According to a report by CriptoNoticias, President Trump indicated that a 10% tariff would be applied to goods exported to the United States from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland starting February 1, 2026, and could rise to 25% in June, subject to an agreement to acquire Greenland.
this ad brought uncertainty to risk asset markets, including Bitcoin.responding to global risk aversion perceptions.
In a joint statement, European leaders rejected the threat of tariffs as a risk to transatlantic relations and reaffirmed Greenland’s sovereignty as part of the Kingdom of Denmark. The situation has sparked protests in Greenland and Denmark, and calls for a coordinated response from the European Union.
