US-listed spot Bitcoin ETFs have seen record performance and investor enthusiasm, with net flows increasing by over 100%. In the first three weeks of the year, net inflows for US-listed Bitcoin ETFs surged 175% year-over-year, reaching $40.6 billion in total. This indicates growing institutional interest despite Bitcoin's struggle to maintain key price levels. BlackRock's iShares Bitcoin Trust has been a dominant player, recording $40.7 billion in net inflows. However, Bitcoin's price is currently below $100,000, and major altcoins have suffered even larger losses. Nevertheless, some altcoins like the TRUMP token, Gala, and Litecoin have defied the trend and gained value. Investors overall remain confident in regulated crypto investment products, but the market is cautious, awaiting further clarity on US regulatory policies. The future growth of Bitcoin will depend on macroeconomic factors and policy developments in the coming months.
Content Editor ( financemagnates.com )
- 2025-02-05
Bitcoin Price Prediction: ETF Inflows Surge, but BTC Struggles Below $100K
