US Spot ETF Update (Jan 7, 2025): Strong Inflows Despite Market Dip

On January 7, 2025, US Spot ETFs saw substantial investments, with $53.5M flowing into $BTC and $86.8M into $ETH .

Notably, BlackRock's iShares Bitcoin Trust (IBIT) recorded a massive net inflow of $597.2M, demonstrating strong investor confidence. This came even as $BTC closed in the red for the first time in seven days.

The data highlights continued interest in crypto ETFs, signaling optimism among institutional investors despite short-term market fluctuations.