According to Bloomberg Markets, US equity markets rebounded sharply on 20 July 2026, led by Nvidia and other chipmakers. Bitcoin has continued to attract institutional capital through spot ETFs amid a broader environment of elevated risk appetite across asset classes.
The Institutional Flow Picture in Mid-2026
Spot Bitcoin ETFs, approved in the United States in January 2024, have now been trading for roughly eighteen months. The cumulative inflow figures reported by on-chain analytics firms and fund-flow trackers indicate that these products have absorbed a significant share of Bitcoin's circulating supply on behalf of institutional and high-net-worth investors. While specific weekly figures fluctuate considerably, the structural trend is clear: the dominant marginal buyer of Bitcoin in 2025 and 2026 is no longer a retail speculator on a centralised exchange but a pension consultant, a family office treasurer, or a corporate treasury desk executing through a regulated ETF wrapper.