On January 21, spot Bitcoin exchange-traded funds (ETFs) in the United States experienced positive inflows for the fourth consecutive day, totaling $802.5 million. The majority of inflows came from BlackRock's IBIT fund, followed by Grayscale's mini Bitcoin Trust. However, Bitwise's BITB saw an outflow of $17.41 million. The total trading volume for the 12 Bitcoin ETFs reached $5.05 billion on that day. Despite the inflows, they fell short of the previous day's inflows, likely due to President Donald Trump's failure to issue an expected executive order regarding Bitcoin and cryptocurrencies. However, Kadan Stadelmann of Komodo Platform believes that a more crypto-friendly administration can be expected under Trump. At the time of reporting, Bitcoin was trading at $105,708 per coin, up 3.1%.



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