Cryptocurrency investors are kicking off the new year in their typical fashion: by pouring money into Bitcoin ETFs. Statistics reveal that this past Tuesday, a group of more than ten ETFs holding Bitcoin collectively recorded approximately $760 million in inflows, marking the largest single-day net inflow since last October. Bitcoin ETF-Fidelity (FBTC.US) was the primary contributor, attracting $351 million in a single day. Most of these spot Bitcoin ETFs launched around two years ago and experienced outflows towards the end of 2025, impacted by a pullback in cryptocurrency prices. Prior to the collective plunge of Bitcoin, Ethereum, and various other tokens in October, these products had been highly favored by both institutional and retail investors for offering a convenient gateway to the digital asset market. However, the price of Bitcoin—at least for the moment—has shown signs of recovery, climbing 10% since the start of the new year and reclaiming the $97,000 threshold. Analyst Eric Balchunas noted, "With continuous ETF inflows, if the momentum from the previous day can be sustained, it will provide strong support for the coin's price." Over the two years since their launch, spot Bitcoin ETFs have collectively attracted over tens of billions of dollars, buoyed by rising Bitcoin prices and the cryptocurrency sector's increasing mainstream acceptance. Yet, following the October crypto market crash, these products began facing outflow pressure; the crash also resulted in Bitcoin's first annual decline since 2022. Bitcoin ended 2025 down more than 6%, largely decoupling from the upward trends seen in stock markets and precious metals. "A rising tide lifting all boats is always a good sign," stated David Tawil, President of ProChain Capital. He added that, over the long term, Bitcoin's price trajectory is likely to decouple further from other assets, exhibiting greater independence. Other cryptocurrency tokens have also participated in this recent uptrend. Ethereum, the world's second-largest cryptocurrency by market capitalization, saw an intraday surge of up to 6% on Wednesday, bringing its year-to-date gain to 13%; concurrently, Ethereum ETFs recorded $130 million in inflows.
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