Key participants within the cryptocurrency sector are bustling as Bitcoin (BTC) surges towards a potential $103,000 mark. Significantly, BlackRock Inc., one of the world’s largest asset managers, has observed significant demand, with approximately half a billion dollars flowing into its ETF product on a daily basis.
Record inflows for BlackRock Bitcoin ETF
According to Farside Investors’ findings, BlackRock dominated the exchange-traded funds (ETFs) market in 2025 with a staggering $527.9 million investment. This inflow ranks as the second largest for BlackRock that year, following a massive $596.1 million investment on January 7.
Initially, the asset manager experienced turbulence at the beginning of the year, losing $332.6 million on January 2. Yet, it swiftly rebounded with an inflow of funds for three consecutive days. Regrettably, BlackRock has shown inconsistency and low volume in its dealings so far this month.
A resurgence in focus on BlackRock’s Bitcoin ETF may signal a revival of institutional investors’ curiosity. Experts speculate that these significant players could be planning to expand their investment in Bitcoin, possibly in anticipation of the incoming U.S. administration.
As a researcher, I find myself eagerly looking forward to next Monday, January 20th, when a new administration will be inaugurated. There’s a palpable sense of anticipation among crypto stakeholders, who are hopeful for a more favorable regulatory climate. Should the incoming president sign an executive order that supports cryptocurrencies, prices could potentially surge dramatically, as many speculate.
Broader Bitcoin ETF Market Inflow
Additionally, similar to BlackRock, the asset manager, Ark 21Shares’ ARKB also experienced significant inflows.
Ark accumulated an additional $155.4 million in funds, matching BlackRock’s inflow. Additionally, Fidelity Investments’ FBTC, Bitwise’s BITB, and VanEck’s HODL also experienced inflows of $4.4 million, $2.7 million, and $5.7 million respectively.
With the exception of Grayscale’s GBTC, all other asset management funds saw no new investments (inflows). The very next day following their inflow, however, Grayscale’s GBTC experienced a significant outflow amounting to $70 million.
As a result, the Bitcoin ETF market is currently experiencing a total accumulation of approximately $626.1 million. This marks the second consecutive period of investment into these funds. If this trend continues, it may lead to an increase in value at the end of the week, signifying three successive days of growth.
Read More
- LUNC PREDICTION. LUNC cryptocurrency
- FIS PREDICTION. FIS cryptocurrency
- EUR ARS PREDICTION
- ULTIMA PREDICTION. ULTIMA cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- Marvel Rivals Shines in its Dialogue
- Pokemon Fan’s Wife Finds Perfect Use for Their Old Cartridges
- POWR PREDICTION. POWR cryptocurrency
- EUR CAD PREDICTION
2025-01-17 19:43