Record capital inflow into Bitcoin ETFs
January 07, 2025
On January 6, the inflow of funds into spot Bitcoin ETFs reached $987 million, setting a record since late November last year. As the crypto asset returns to levels above $100,000, the market’s positive momentum continues for the second consecutive day.
Who leads the Bitcoin ETF market?
In one day, Fidelity’s FBTC fund attracted $370 million, while BlackRock’s IBIT garnered $209 million. The total assets under management in the Bitcoin ETF market reached $116.67 billion. These figures clearly demonstrate the growing interest of institutional investors in cryptocurrency, reaffirming its role as a key market driver.
What about Ethereum?
Interest in Ethereum is also showing steady growth. Within a day, Ethereum ETFs saw an inflow of $129 million, with the majority – $124 million – invested in BlackRock’s ETHA. The total assets under management for these products amount to $13.47 billion, highlighting the rising interest of investors in this cryptocurrency.
What’s next?
Michael van de Poppe, founder of MN Trading, believes January could mark Ethereum's outperformance over BTC. Given the growing interest in ETH ETFs, this is entirely plausible.
The record capital inflow into Bitcoin ETFs signals a renewed confidence in cryptocurrencies and their strengthening position as an investment asset. If the current trend continues, 2025 could herald a new crypto boom.