Net inflow of funds for Bitcoin ETFs in the U.S. exceeded $5 billion in January

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In January, the net inflow of funds for 12 Bitcoin ETFs was approximately $5.25 billion, up from $4.53 billion in December 2024. BlackRock's IBIT led the inflow in January with an amount of $3.23 billion.

Driven by President Donald Trump's return to the White House, the inflow of funds for Bitcoin exchange-traded funds in the U.S. increased compared to the previous month. Data from SoSoValue shows that in January, the inflow for 12 Bitcoin ETF products was approximately $5.25 billion, while the inflow for December 2024 was approximately $4.53 billion.

The largest inflow in January was from BlackRock's IBIT, with an amount of $3.23 billion. As of January 31, its net assets were $59.39 billion, an increase of $7.67 billion during the month.

Fidelity's FBTC is the second-largest Bitcoin ETF by net assets, with a monthly inflow of $1.28 billion in January. Its net assets expanded from $18.87 billion at the beginning of the month to $21.76 billion.

Matt Hougan, Chief Investment Officer of Bitwise, wrote in a post on X over the weekend that these 12 ETFs could bring in over $50 billion in inflows this year.

"It's worth noting that the monthly fluctuations in fund flows can be substantial. However, I believe that by the end of this year, the fund flows will exceed $50 billion," Hougan said.

According to The Block's price page, in the context of a widespread sell-off in cryptocurrencies, Bitcoin has dropped 4.2% in the past 24 hours, trading at $95,500 at the time of writing. Ethereum fell 16.5% to $2,591.

Research analyst Min Jung from Presto Research stated that while Trump took office in January, since his inauguration, the lack of specific mentions of cryptocurrencies by Trump appears to be shaking the positive cryptocurrency sentiment established during his re-election.

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