Bitcoin ETF Daily Inflows Hit Six-Week High

**Bitcoin Spot ETFs Witness Record Inflows as Price Hits $98,000**

On January 3, 2025, Bitcoin spot ETFs witnessed a record-breaking daily inflow of $908 million, marking the highest amount since late November 2024. This surge signals renewed interest from institutional investors after the typical holiday slowdown.

The **Fidelity FBTC fund** led with $357 million, followed by **BlackRock’s IBIT**, which attracted $253 million. **ARKB by ARK Invest and 21Shares** secured $222 million, while **BITB from Bitwise** accumulated $61 million. Smaller contributions came from **Grayscale’s BTC fund ($8.7 million)** and **VanEck’s HODL ($5.5 million)**.

For the week following Christmas, net inflows for spot Bitcoin ETFs amounted to $244 million.

## **Bitcoin Price Growth and Market Sentiment**

On the night of January 3-4, Bitcoin’s price surged to $98,000, marking a 2% gain in a single day. This positive momentum reignited optimism among traders, with some expecting further gains in the coming days.

However, not all analysts shared the bullish sentiment. A prominent trader under the pseudonym **Scient** stated that without surpassing $99,000 and finding strong support, a price correction might be imminent. He predicted a potential drop to the $88,000–$90,000 range in January.

**Crypto Tony**, another investor, supported this outlook, suggesting a brief “relieve wave” potentially followed by a dip near $90,000. Meanwhile, **Daan Crypto Trades** tempered expectations, highlighting that the first full week of 2025 would provide clearer insights into short-term trends.

## **Institutional Activity and Market Indicators**

The recent inflow shift suggests that institutional investors are regaining confidence after the year-end sell-off. BlackRock’s $253 million purchase, coupled with significant contributions across multiple ETFs, indicates “big money” returning to Bitcoin markets.

Despite this optimism, not all signals point to overwhelming institutional demand. Analysts observed that **Coinbase’s premium recently dropped to a 12-month low (0.237)**. This, according to experts, reflects cautious behavior among U.S. investors and restrained institutional appetite at current levels.

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These developments signify that Bitcoin’s trajectory remains a closely contested issue among traders and analysts. While some foresee further growth, others remain cautious about the sustainability of recent gains. As the year progresses, institutional activity and other key metrics will likely dictate price movements.

**Stay tuned for more updates on Bitcoin and digital asset markets.**