Bitcoin ETFs Experience Comeback With Massive Surge In Net Inflows

January 7, 2025

Spot Bitcoin ETFs&nbspin the U.S. recently saw a surge in net inflows, totaling nearly $1.9 billion on January 3rd and January 6th, reversing a dip in demand compared to late December. Over $900M On January 6th, Bitcoin ETFs attracted $978.6 million, led by Fidelity Wise Origin Bitcoin Fund at $370.2 million. The BlackRock iShares Bitcoin ETF and ARK 21Shares Bitcoin ETF followed with $209 million and $153 million , respectively. In addition, the Bitwise Bitcoin ETF and the Grayscale GBTC and BTC ETFs saw over $70 million in inflows, while VanEck and Franklin Bitcoin ETFs collected $17.3 million and $8.9 million, respectively. However, Invesco, Valkyrie, and WisdomTree saw no inflows on January 6th. Offsetting Outflows The strong inflows on January 3rd and 6th nearly offset the $1.9 billion in outflows between December 19th to January 2nd, bringing the total net inflows for spot Bitcoin ETFs to $36.9 billion since their launch. The iShares Bitcoin ETF leads with $37.4 billion in inflows, followed by Fidelity at $12.4 billion. In contrast, GBTC saw $21.4 billion in outflows. An October Binance report found nearly 80% of demand for spot Bitcoin ETFs came through retail investors, but analysts expect increased institutional interest in 2025. Meanwhile, Bitwise predicts a $200,000 Bitcoin price by 2025, while VanEck forecasts Bitcoin could surpass $180,000.

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