The post BTC Price Nears $100K Again as Bitcoin ETF Inflows Hit $900 Million appeared first on Coinpedia Fintech News After a massive blood bath in Satoshi Street in the last week of December, Bitcoin is back in action reaching $98K from a drop of $92K on its 16th anniversary. The global market cap saw a whopping rise of 2.31%, hitting $3.49 trillion, and trading volume reached $123 billion. Interestingly, the Fear and Greed Index jumped to 60 from 50 which shows rising investor confidence. Crypto prices are on a sunny side today, with the majority of altcoins trading in green. Is this the beginning of a new bullish trend for Bitcoin? Keep reading to uncover why many are betting on Bitcoin’s future. US Bitcoin ETFs Rising – Here’s Why Bitcoin ETFs in the U.S. have seen impressive inflows, totaling $900 million. This is a sharp reversal from earlier outflows and suggests growing institutional interest in Bitcoin. Fidelity’s Bitcoin ETF (FBTC) leads with $357 million in inflows, followed by BlackRock’s IBIT with $252 million and Ark Invest’s ARKB with $222 million. These numbers indicate a rising belief in Bitcoin’s future, especially as its price nears $100,000 again. On-chain data also supports this positive outlook. More than 48,000 BTC, worth over $4.5 billion, have been withdrawn from exchanges. This suggests that investors are holding onto their Bitcoin for the long term, which often happens before significant price increases. Institutional Demand Picks Up The Coinbase Premium Index, a key indicator of institutional demand, has recently bounced back after reaching a two-year low. This further confirms the growing interest from institutional investors, adding to the bullish sentiment. Bitcoin Price Outlook Despite the positive trends, some uncertainty remains, particularly with the upcoming inauguration of Donald Trump. However, the overall outlook for Bitcoin remains optimistic, as the market is expecting a fair SEC chair and clearer crypto regulations. Many believe 2025 could be a breakthrough year for crypto. MY PRICE PREDICTION for BITCOIN 2025: $175,000 to $350,000 Happy New Year — Robert Kiyosaki (@theRealKiyosaki) January 2, 2025 Experts have made bold Bitcoin price predictions for 2025. Robert Kiyosaki , a well-known crypto figure, predicts a bullish target of $175,000, or even $350,000, this year. Bitwise Asset Management expects Bitcoin to hit $200,000 by the end of 2025. Looking even further ahead, Pantera Capital forecasts that Bitcoin could reach $740,000 by 2028 as more investors hold rather than sell. Challenges Ahead Bitcoin’s path to these targets is unlikely to be smooth. Experts warn that the first quarter of 2025 could see a period of consolidation, especially after Bitcoin’s drop from $108,000 to its current level. The market may remain volatile for now, and delays in crypto regulations due to Trump’s political stance could add to the uncertainty. Despite these challenges, Bitcoin’s long-term outlook remains strong, driven by growing institutional support and rising confidence in its future.
