During the first week of Donald Trump's second term as U.S. President, Bitcoin ETFs received $1.76 billion in investments, pushing the price of Bitcoin above $109,000 for the first time. In contrast, Ethereum's price is still 27% below its peak, and Ethereum ETFs had much lower inflows of $139.4 million. The strong institutional interest in Bitcoin is evident through its rising price and consistent inflows. On the other hand, Ethereum struggles to maintain momentum despite sporadic spikes in ETF investments. CryptoQuant reports that 86% of Bitcoin in circulation is currently profitable, with accumulator addresses adding 495,000 BTC monthly. Retail investors are selling their Bitcoin holdings, while larger holders are accumulating, indicating the late stage of the Bitcoin bull market. Institutions are increasingly holding Bitcoin through ETFs and corporate stocks, potentially delaying the final distribution phase where retail investors dominate. Although Ethereum ETFs had lower inflows, they experienced a modest recovery in mid-January. Additionally, Bitcoin's network balance and mining power have increased significantly, reflecting increased miner confidence and strong infrastructure.



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