Significant Inflows into Bitcoin ETFs
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a massive inflow of $987.06 million on January 6, marking the second consecutive day of inflows exceeding $900 million. Over the two days, the total inflow reached nearly $1.89 billion, coinciding with Bitcoin's rise above $102,000, reigniting investor interest.

This surge contrasts with the low demand observed in late December, during which ETFs saw net outflows of $1.9 billion between December 19 and January 2. The recent inflows signal a shift in investor sentiment.

Leading Contributors Among ETFs

Fidelity and BlackRock Lead the Pack
The largest contributor to Monday’s inflows was Fidelity's FBTC, which attracted $370.24 million. It was followed by BlackRock's IBIT, which pulled in $209.08 million, and ARKB ARK 21Shares, which saw $152.92 million in inflows.

Other notable contributors included Biwise's BITB, Grayscale's GBTC, and the BTC ETF, which posted inflows of $75.23 million, $73.79 million, and $71.19 million, respectively.

Smaller but positive inflows came from VanEck's HODL, Franklin Templeton's EZBC, and Valkyrie's BRRR, with $17.33 million, $8.88 million, and $8.38 million in gains, respectively. Three remaining ETFs remained neutral.

Growing Interest as Bitcoin Surges Past $102,000

Bitcoin Breaks Key Price Level
The surge in Bitcoin ETF investments is tied to Bitcoin’s price rally, which surpassed $102,000 on January 6. This milestone reignited investor enthusiasm and bolstered institutional interest in ETF products.

The total daily trading volume of ETFs reached $3.96 billion, a significant increase from the $2.59 billion recorded the previous day. This upward trend highlights growing investor confidence in Bitcoin's long-term potential.

A Record-Setting December for Bitcoin ETFs

Spot ETFs Add Thousands of Bitcoins
December 2024 was an exceptionally strong month for U.S. spot Bitcoin ETFs. Funds added approximately 51,500 BTC, a 272% increase compared to the 13,850 BTC that entered circulation during the same period. This growth was driven by robust spot market activity, which pushed Bitcoin to a record high of $108,135 on December 17.

This development underscores the growing importance of Bitcoin ETFs as a critical tool for institutional and retail investors alike.

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