Bitcoin Spot ETF Inflows Surge With $802M Net Inflows

Bitcoin Spot ETF Inflows Surge With $802M Net Inflows

Key Points:

  • Bitcoin Spot ETF inflows reached $802M, with $662M from BlackRock’s IBIT, marking 4 consecutive days of growth.
  • Ethereum spot ETF inflows totaled $74.4M, with BlackRock’s ETHA contributing $56.3M, extending the positive trend for 5 days.

Bitcoin Spot ETF inflows hit $802M on January 21, with BlackRock’s IBIT leading at $662M. Ethereum ETFs also saw $74.4M inflows, continuing multi-day trends.

Bitcoin Spot ETF Inflows Surge Amid $802M in Net Gains

Bitcoin Spot ETF Inflows Surge With $802M Net Inflows

Bitcoin spot ETFs saw a significant net inflow of $802 million on January 21, marking a continuation of positive trends over four consecutive days. BlackRock’s IBIT ETF led the charge with an impressive $662 million, contributing substantially to the total. This influx pushed the total net asset value of Bitcoin spot ETFs to $123.59 billion, reflecting growing institutional confidence in cryptocurrency investments.

Bitcoin ETF inflows indicate a strong institutional demand for crypto-based financial products. As the largest contributor, BlackRock’s IBIT demonstrates the dominance of established players in shaping the market. These developments highlight the growing acceptance of Bitcoin as a viable asset class among major investors, setting the stage for further growth in the ETF sector, according to Sosovalue.

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Ethereum Spot ETF Records Strong $74.4M Inflows

Bitcoin Spot ETF Inflows Surge With $802M Net Inflows

Ethereum spot ETFs recorded net inflows of $74.4 million on January 21. This marked the fifth consecutive day of a positive trend. In terms of sources, BlackRock’s ETHA ETF accounted for $56.3 million, and Grayscale’s ETH ETF contributed $12.49 million. The flows point to heightened interest in financial products targeting Ethereum, and in total, the net asset value of Ethereum spot ETFs rose to $12.068 billion.

The sustained growth in Ethereum ETF inflows reflects rising confidence in Ethereum’s utility and potential. Institutional investments via BlackRock and Grayscale suggest a robust appetite for exposure to Ethereum’s ecosystem. Such trends may pave the way for further innovations in Ethereum-based investment instruments and signal broader market adoption.

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