CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
crypto.news 2025-01-22 06:36:16

Bitcoin ETFs resume inflows post-Trump inauguration as BTC holds above $105k

Spot Bitcoin exchange-traded funds in the United States resumed their positive inflow streak on Jan. 21, following President Donald Trump’s inauguration, with BTC holding above $105k. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $802.5 million in net inflows on Jan. 21, extending their previous inflow run to four days, during which over $3.2 billion entered the funds. The majority of inflows on Tuesday came from BlackRock’s IBIT which saw $661.9 million enter the fund and lead the highest inflows for the the third straight day. Grayscale’s mini Bitcoin Trust followed with an inflow of $136.39 million. ARK 21Shares’ ARKB, Fidelity’s FBTC and Franklin Templeton’s EZBC also contributed to the positive momentum with more modest inflows of $8.51 million, $6.97 million and $6.18 million respectively. Bitwise’s BITB bucked the trend with an outflow of $17.41 million. The remaining BTC ETFs saw “0” flows on the day. The total trading volume for the 12 Bitcoin ETFs reached $5.05 billion on Jan. 21, while the total net inflows into the investment products since launch stood at $38.98 billion. You might also like: Trump’s ‘golden age’ begins without Bitcoin, but experts say big moves are coming Despite the significant inflows of $802.5 million recorded on Jan. 21, they fell short of the $1.08 billion seen the previous trading day. This decline likely stemmed from President Donald Trump’s failure to issue an anticipated executive order to establish a Bitcoin national reserve and prioritise cryptocurrencies as a national agenda. According to Kadan Stadelmann, CTO of Komodo Platform, Trump’s early days in office could turn into a “sell the news” event. He explained that the initial optimism in the crypto markets following Trump’s election might fade, as investors had already priced in anticipated policy changes well before Trump assumed the Presidency. However, Stadelmann urged crypto enthusiasts to remain hopeful, noting that Trump’s focus on pressing national challenges has delayed immediate crypto-related actions. “Overall, the Bitcoin and crypto markets should still expect a more crypto-friendly administration under Trump. We see institutions still expecting crypto liberalization as they continue to buy up Bitcoin ETFs ahead of expected policy changes.” Kadan Stadelmann, CTO of Komodo Platform. At press time Bitcoin ( BTC ), was up 3.1%, exchanging hands at $105,708 per coin. Read more: MicroStrategy Bitcoin stake up to 461k with new $1.1b purchase

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta