In the latest trading session, Bitcoin ETFs attracted $753.7 million, marking the highest inflow since October.
The leader was Fidelity's FBTC, which garnered $351 million. It was followed by Bitwise's BITB and BlackRock's IBIT, which received $159 million and $126 million, respectively.
Since the beginning of January, total inflows into Bitcoin ETFs have exceeded $660 million, contrasting sharply with the previous two months. Following the October crash and a prolonged market downturn, these instruments lost $3.4 billion in November and $1.09 billion in December.
Ethereum-focused ETFs attracted nearly $130 million in the last 24 hours.
“The inflow into Bitcoin ETFs indicates a revival of institutional demand and signals that investors are actively reallocating capital after a period of caution and risk reduction at the end of last year,” commented Nick Rak, head of LVRG Research.
Vincent Liu, Chief Investment Officer at Kronos Research, linked the positive trend to an improved macro environment, citing two key factors:
- Inflation Data. The CPI index released on January 13 showed that price growth has retreated from peak levels, strengthening market expectations for future Federal Reserve interest rate cuts.
- Regulation. The U.S. Senate Banking Committee is set to vote on a bill regarding the structure of the crypto market. Amendments are expected, and its passage would be a significant step toward establishing legislative clarity for the digital asset industry.
Market Growth
Increased investor confidence has reflected in prices. Over the last 24 hours, Bitcoin rose by 3.1% to approximately $94,900.
The price of Ethereum increased by 5.3%. At the time of writing, the asset trades around $3,300.
“The [rally] is driven by a sustained inflow into ETFs, which absorbs supply significantly exceeding miners' issuance, creating a structural tailwind. Improved regulatory clarity and the closing of excessive leveraged short positions have further accelerated price movements, with the rise clearly led by spot demand rather than leverage,” Liu explained.
Rak from LVRG emphasized that the current dynamics indicate a "healthy reset" following the downturn in the last quarter of 2025.
The total market capitalization increased by 3.2% to $3.3 trillion. A popular market sentiment indicator has turned neutral for the first time since October.
Notably, for the first time since mid-2022, the 52-week correlation between Bitcoin and gold has dropped to zero. Historically, this has preceded rallies in the first cryptocurrency.