Spot Bitcoin ETFs Surge with $1 Billion Inflows

Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded nearly $1 billion in inflows on January 6, driven by Bitcoin’s recovery to the $102,000 level. This marks the second consecutive day of significant inflows, with nearly $1.89 billion entering the funds over two days, according to data from SoSoValue.

Inflow Breakdown by ETF

Monday’s inflows were led by major players in the spot Bitcoin ETF market:

1. Fidelity’s FBTC: $370.24 million
2. BlackRock’s IBIT: $209.08 million
3. ARK 21Shares’ ARKB: $152.92 million

Other notable contributions included:

• Biwise’s BITB: $75.23 million
• Grayscale’s GBTC and BTC ETFs: $73.79 million and $71.19 million

Smaller yet positive flows came from:

• VanEck’s HODL: $17.33 million
• Franklin Templeton’s EZBC: $8.88 million
• Valkyrie’s BRRR: $8.38 million

The total daily trading volume for these ETFs reached $3.96 billion, significantly higher than the $2.59 billion recorded the previous day.

Recovery After December Outflows

The recent inflows have almost entirely offset the $1.9 billion in net outflows recorded between December 19 and January 2, reflecting renewed investor enthusiasm.

Last December was a standout month for U.S. spot Bitcoin ETFs, with funds accumulating 51,500 BTC, approximately 272% more than the 13,850 BTC that entered circulation during the same period.

Bitcoin’s Price Surge Fuels Momentum

Bitcoin’s price surge has reignited institutional interest in spot Bitcoin ETFs. On January 6, Bitcoin surpassed the $102,000 level, a significant recovery from its December highs of $108,135 reached on December 17.

At press time, Bitcoin was trading at $101,674, up 2.2% over the past 24 hours, according to crypto.news.

The strong inflows into spot Bitcoin ETFs underscore heightened institutional interest and confidence in the cryptocurrency market. With Bitcoin trading near historic highs, the momentum in ETF inflows signals a promising start to 2025 for the digital asset space.