The 11 spot Bitcoin ETFs pulled in a staggering $978 million in inflows virtually hitting the $1 billion mark for the second time in a row.
The huge inflows into the Bitcoin ETFs helped push the crypto asset above the $100,000 mark for the primary time for the reason that second week of December 2024.
Eight out of the 11 bitcoin ETFs recorded influx for the day with no outflows witnessed.
The Bitcoin ETFs mirrored the same sample in a two-day streak. An almost $1 billion influx, Constancy’s FBTC recorded extra inflows than Blackrock’s IBIT, and no outflows had been recorded.
Farside Buyers UK revealed that Constancy’s FBTC recorded probably the most influx for the day pulling in $370 million for the day.
Blackrock’s IBIT adopted go well with pulling in $209 million whereas Ark 21 shares ARKB recorded a $152 million influx.
Grayscale’s BTC, Grayscale’s GBTC, and Bitwise BITB pulled in inflows underneath $100 million.
The three funds recorded $75.2 million, $73.8 million, and $71.2 million influx respectively.
VanEck HODL pulled in a minimal $17.3 million whereas Franklin EZEBC pulled in $8.9 million.
The remaining three Bitcoin ETFs recorded no transactions for the day.
Bitcoin rises above the $100,000 mark for the primary time this 12 months
Bitcoin, the flagship cryptocurrency pushed above the $100,000 mark for the primary time in 2025. This follows practically $2 billion in inflows into the Bitcoin ETFs prior to now two days.
Bitcoin crossed the $100,000 mark yesterday, Jan 6 surging to $102,000. The crypto asset maintained that stage into as we speak earlier than slumping.
On the time of the report, Bitcoin has slumped to $100,596 surging by 0.1% within the final 24 hours.
Bitcoin is at the moment 7.2% down from its all-time excessive of $108,371. The crypto asset broke the psychological barrier of $100,000 in December final 12 months following the Donald Trump-induced bull run.
A strategic Bitcoin reserve for the US may act as a worldwide catalyst for different nations driving up Bitcoin demand and value to astonishing ranges.
