According to @EricBalchunas, spot bitcoin ETFs saw approximately $1.2 billion in net inflows over the first two trading days of 2026, with flows broad-based across issuers as he noted 'everyone eating' (source: Eric Balchunas, X, Jan 6, 2026). According to @EricBalchunas, that early run rate implies an annualized pace of roughly $150 billion in net inflows if sustained (source: Eric Balchunas, X, Jan 6, 2026). According to @EricBalchunas, these products previously absorbed about $22 billion in tougher market conditions, highlighting resilient demand for BTC exposure via ETFs (source: Eric Balchunas, X, Jan 6, 2026).