🚀 Good news for BTC! Spot Bitcoin ETFs in the U.S. attracted nearly $1.9 billion on January 3 and 6, reversing the downward trend at the end of December.
- Fidelity led with $370.2 million, followed by BlackRock and ARK with $209 million and $153 million.
- Bitwise and Grayscale also recorded significant inflows, while Invesco, Valkyrie, and WisdomTree showed no movement.
Total inflows into spot Bitcoin ETFs reached $36.9 billion in the past 12 months. BlackRock led with $37.4 billion, while Grayscale faced outflows of $21.4 billion.
Most of the demand comes from retail investors, but it is predicted that there will be more institutional participation by 2025. Bitwise expects BTC to reach $200,000, while VanEck predicts $180,000.
What do you think about the future of BTC? Share your thoughts! 💬