According to Adrian Fritz, chief investment officer at 21Shares, Bitcoin spot ETFs have attracted nearly $2 billion in inflows year-to-date in 2026, strengthening Bitcoin's position in institutional asset allocation despite prices remaining below $80,000. Inflows have come from retail investors, institutions, and hedge funds engaging in arbitrage and options strategies. Traditional asset managers including Morgan Stanley are accelerating their crypto allocation, integrating digital assets into multi-asset portfolios.
Bitcoin's daily trading volume has exceeded $50 billion, approaching liquidity levels of major tech stocks like Nvidia. ETF mechanisms provide both primary and secondary market liquidity, establishing Bitcoin's institutional-grade asset credentials, Fritz noted.