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Cryptocurrency News Articles
Bitcoin ETFs See Another $1.9B Inflows, Despite Price Fluctuations
Jan 28, 2025 at 04:26 pm
In the week ending January 25, both Bitcoin and ETH ETFs attracted $1.9 billion, marking the second consecutive week inflows hovered near $2 billion.
Bitcoin (BTC) ETF trust fund had total net flows of $39.9 billion on 24 January and a weekly net inflow of about $2.8 billion last week (past 5 trading days). In the meantime, US spot Ethereum (ETH) ETF saw a weekly net inflow of $163 million last week.
Both Bitcoin and ETH ETFs attracted $1.9 billion in the week ending January 25, marking the second consecutive week that inflows remained close to $2 billion. Despite being slightly lower than the previous week, this sustained momentum highlights growing confidence in digital assets.
Bitcoin ETFs took the lead with $1.6 billion in inflows despite briefly dipping below the $100,000 mark and dominance rising to 57.84%. However, the cryptocurrency has since rebounded, trading above $102,000.
Among the Bitcoin ETFs, Fidelity’s Wise Origin Bitcoin Fund (FBTC) led with $186.07 million, bringing its total to $13.04 billion. BlackRock’s iShares Bitcoin Trust (IBIT) followed with $155.69 million, reaching $60.62 billion in assets.
Ethereum-based funds also saw inflows, pulling in $205 million, though this was slightly lower than the previous week. The Bitwise Ethereum ETF (ETHW) led with $6.01 million, while the Invesco Galaxy Ethereum ETF (QETH) saw a rare $1.99 million inflow.
Smaller tokens, including XRP, Solana, and Polkadot, saw moderate inflows of $18.5 million, $6.9 million, and $2.6 million, respectively, reflecting a broad-based interest in the market.
The inflows also come amid news of many big institutions’ plans to launch ETF products. Recently, Tuttle Capital announced its plans to double down on its 2x leveraged plans for funds tied to XRP, Solana, Litecoin, Cardano, Chainlink, Polkadot, BNB, Bonk—and even the wildcards TRUMP and MELANIA. Giving a boost to the downmarket, the political scenario is positive as of now with no immediate catalyst in sight the market is expecting a bigger inflow in the coming days.
According to James Butterfill, Head of Research at CoinShares, the strong inflow is majorly triggered by President Trump’s executive orders and a sense of belief that under his leadership crypto rules will be soft and in favor of digital assets. Crypto has seen a decade of unfair and political resistance towards digital innovation. However, federal regulators have signaled a willingness to support the crypto industry, further boosting market sentiment.
With $4.8 billion invested in digital asset products so far this year, the crypto market is off to a robust start in 2025. On the flip side, Grayscale’s GBTC & Bitwise Invest’s BITB saw outflows of $97.87M & $18.54M, respectively.
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