Bitcoin ETFs See Strong January Inflows Despite Market Dip
U.S. spot Bitcoin ETFs saw a notable uptick in investment during January, surpassing December's inflows.
According to recent data , about $5.25 billion flowed into the 12 Bitcoin ETFs in January, compared to $4.53 billion the previous month. This surge in capital was primarily driven by BlackRock’s IBIT, which brought in $3.23 billion, pushing its assets to $59.39 billion by the end of the month, marking a $7.67 billion rise.
Fidelity’s FBTC, the second-largest ETF by assets, also saw strong inflows, with $1.28 billion added, boosting its total to $21.76 billion.
Analysts, including Matt Hougan, Chief Investment Officer at Bitwise, predict that the 12 ETFs could collectively attract more than $50 billion in inflows over the course of 2025, despite monthly fluctuations.
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Nobel Prize Winner Says Bitcoin Has No Future – But History DisagreesDespite these inflows, Bitcoin’s price saw a dip, dropping by 4.2% to $95,500, with broader market conditions contributing to the decline. Similarly, Ether experienced a 16.5% drop, trading at $2,591.
Although there was initial optimism surrounding the re-election of Donald Trump, crypto sentiment has cooled, possibly due to the lack of specific cryptocurrency-related comments since his return to office.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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