Emre Yumlu 
Bitcoin ETFs are gaining traction, surpassing $4.2 billion in inflows from January 1 to 24, accounting for 6% of all ETF inflows. The U.S. spot Bitcoin ETFs have crossed a significant milestone, boosting institutional interest in the world’s first cryptocurrency.
As of January 30, spot Bitcoin ETFs collectively exceeded $125 billion, representing more than 6.05% of the current BTC supply.
This milestone comes just one year after the debut of spot BTC ETFs on January 11, 2024.
From January 1 to 24, spot BTC ETFs accumulated $4.2 billion in inflows, accounting for over 6% of all ETF inflows. Bloomberg’s senior ETF analyst, Eric Balchunas, noted the remarkable momentum at the start of the year, adding:
“Spot Bitcoin ETFs quietly ignited at the beginning of the year, with $4.2 billion in inflows, making up 6% of all ETF flows. […] For context, they’ve just surpassed ESG ETFs ($117 billion) and are roughly at the same level as spot gold ETFs.”
Bitcoin ETF Inflows
ETF investments played a key role in Bitcoin’s 2024 price rally, accounting for about 75% of new investments when it reclaimed the $50,000 mark on February 15.
BlackRock’s IBIT Becomes the 31st Largest ETF Worldwide
BlackRock, the world’s largest asset manager, holds the largest BTC ETF with assets exceeding $58 billion. The fund represents 46.4% of the market share among all U.S. Bitcoin ETFs.
According to VettaFi data, BlackRock’s fund has grown to become the 31st largest ETF globally, including both crypto and traditional finance products.
BlackRock’s Bitcoin ETF Accounts for 54% of Daily Inflows
According to Farside Investors data, BlackRock’s ETF added $321 million in Bitcoin on January 30, accounting for more than 54% of the day’s total $588 million net inflows.
Bitcoin Price Forecasts for 2025: Is $200,000 Possible?
While concerns about a dip to $96,000 in the short term remain, many analysts believe Bitcoin will continue its upward trend throughout 2025.
According to Ryan Lee, Chief Analyst at Bitget Research, the growing Bitcoin ETF market and BlackRock’s increasing fund could push Bitcoin to $200,000 by 2025.
Lee stated, “Long-term projections indicate steady growth, with some forecasts placing Bitcoin at $200,000 by 2025.”
However, Bitcoin’s price remains sensitive to economic developments. Delays in a potential U.S. Federal Reserve interest rate cut could introduce downward pressure.
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