U.S. Spot Bitcoin ETFs Gobble up Nearly $4B, Volumes Break $10B

With President Donald Trump's meme coin launch and recent executive orders to look into creating a national crypto stockpile, the crypto space has

As the dust settles from Donald Trump’s meme coin launch and recent executive orders, some key crypto metrics have flown under the radar. One of these is the massive six-day inflow streak into U.S. spot Bitcoin exchange-traded funds (ETFs).

According to data from SoSoValue, these ETFs have raked in $3.7 billion in net inflows between January 15 and January 24. This includes the over $1 billion recorded on Friday, January 17, and the over $800 million on Tuesday, January 21.

Reacting to the data on Friday, ETF Store President Nate Geraci described the $3.7 billion figure as “ridiculous.”

While everything else is going on, spot bitcoin ETFs have quietly taken in $3.7bil over past 6 days…

*$3.7bil*

That’s a ridiculous number.

— Nate Geraci (@NateGeraci) January 24, 2025

Meanwhile, culminating this run, these ETFs traded over $10 billion in volumes for the first time since March 2024 on Thursday, January 23, per CoinGlass data.

The last time Bitcoin ETF volumes crossed $10 billion in a single trading day was March 6, 2024. This preceded a 17% run-up to new all-time highs near the $74,000 price point a week later.

Whether Bitcoin can replicate such a move will likely depend on the progress of Trump’s pro-crypto policy efforts and the outcome of next week’s Federal Open Market Committee meeting.

At the time of writing, however, the asset’s price continues to idle around the $105,000 price point, below its recently formed all-time high of $109,600.