Orhan 
Spot Bitcoin exchange-traded funds (ETFs) based in the US saw significant investor interest during the first week of January. Bitcoin ETFs experienced net inflows of $1.9 billion, reversing the low-demand trend observed in the second half of December.
Strong inflows were recorded between January 3 and January 6, with January 6 alone seeing investors pour $978.6 million into spot Bitcoin ETFs. Fidelity Wise Origin Bitcoin Fund led the way with $370.2 million in inflows, followed by BlackRock’s iShares Bitcoin ETF at $209 million, and ARK 21Shares Bitcoin ETF at $153 million.
Other popular funds, including the Bitwise Bitcoin ETF and Grayscale’s GBTC and BTC funds, collectively attracted over $70 million in investments. VanEck Bitcoin ETF received $17.3 million, while Franklin Bitcoin ETF saw $8.9 million in inflows.
However, not all funds benefited from this surge. Invesco, Valkyrie, and WisdomTree’s spot Bitcoin ETFs recorded no inflows on January 6. Overall, spot Bitcoin ETFs garnered a total of $36.9 billion in net inflows.
Could This Impact Bitcoin’s (BTC) Price?
Matt Hougan, Chief Investment Officer at Bitwise, predicts Bitcoin could reach $200,000 by 2025. Similarly, VanEck forecasts that Bitcoin may surpass $180,000.
A report published by Binance on October 25 indicated that 80% of demand for spot Bitcoin ETFs comes from retail investors. However, industry analysts expect institutional interest to grow, particularly as more centralized exchanges emerge by 2025.
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