CryptoBitcoinBitcoin ETFs See $802.5M Inflows as BTC Holds Steady Above $105K

Bitcoin ETFs See $802.5M Inflows as BTC Holds Steady Above $105K

Spot Bitcoin exchange-traded funds (ETFs) in the United States resumed their upward momentum on January 21, buoyed by Bitcoin’s strong performance above $105,000, coinciding with the inauguration of President Donald Trump.

According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a combined $802.5 million in net inflows, extending their streak to four consecutive days with a total of $3.2 billion flowing into the funds during this period.

The day’s largest contribution came from BlackRock’s IBIT fund, which drew $661.9 million, marking its third straight day as the leader in inflows. Grayscale’s Mini Bitcoin Trust followed with an inflow of $136.39 million. Other funds such as ARK 21Shares’ ARKB, Fidelity’s FBTC, and Franklin Templeton’s EZBC recorded smaller gains, contributing $8.51 million, $6.97 million, and $6.18 million, respectively.

Bitwise’s BITB fund bucked the trend, experiencing an outflow of $17.41 million, while the remaining ETFs recorded zero flows.

On January 21, total trading volume across the 12 Bitcoin ETFs reached $5.05 billion, while cumulative net inflows since the launch of these products stood at $38.98 billion.

Despite the robust inflows, the $802.5 million recorded on January 21 fell short of the $1.08 billion observed on the previous trading day. Analysts attribute this dip to President Trump’s failure to issue an anticipated executive order establishing Bitcoin as a national reserve or prioritizing cryptocurrency policy.

Kadan Stadelmann, CTO of Komodo Platform, noted that the initial optimism surrounding Trump’s presidency could lead to a “sell the news” event, as investors had already factored in potential policy changes before his inauguration.

“While there’s a delay in crypto-related actions due to Trump’s focus on other pressing issues, the overall outlook remains positive. A more crypto-friendly administration is expected, and institutions continue to accumulate Bitcoin ETFs in anticipation of favorable policies,” said Stadelmann.

At the time of reporting, Bitcoin was trading at $105,708, reflecting a 3.1% increase on the day.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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