The price increase of Bit exceeded 100,000 USD but did not last long when the US-China trade tensions resurfaced, causing instability in the market. Although the price temporarily recovered after President Donald Trump announced a 30-day delay on new tariffs, some analysts warned that Bit could still face a correction below 90,000 USD if geopolitical risks escalate.
Unprecedented Growth of Bit ETF
Although the Satoshi market has experienced a sell-off in the past few weeks, Bit ETFs in the US have recorded a record-breaking month. January saw over 5.25 billion USD in net inflows, surpassing the 4.53 billion USD recorded in October 2024. BlackRock's IBIT led with 3.23 billion USD in inflows, bringing total assets to 59.39 billion USD. Fidelity's FBTC followed with 1.28 billion USD, pushing net assets to 21.76 billion USD.
The Kobeissi report stated that net inflows reached around 4.5 billion USD in January alone, making it one of the most successful months to date. Since its launch in January 2024, Bit ETF has attracted over 40 billion USD in inflows, pushing assets under management (AUM) beyond 125 billion USD for the first time.
The Kobeissi report also emphasized that assets held in Bit ETFs have doubled in just four months, indicating strong investor confidence in cryptocurrency-based financial products. This rapid growth has also brought Bit ETFs closer to the level of physical gold ETFs, which have been traded for over two decades. This comparison suggests that Bit is increasingly being seen as a legitimate store of value, similar to gold.
Strong Institutional Support Indicates Further Growth
Bit ETF ended January on a strong note, attracting nearly 1 billion USD in just two days. BlackRock's IBIT led the inflows with 685.3 million USD. Although there have been some fluctuations, Bitwise's Chief Investment Officer, Matt Hougan, remains optimistic, predicting that total ETF inflows could exceed 50 billion USD by the end of the year. While there have been some outflow days, the overall trend shows increasing institutional interest in Bit ETFs.
Beyond ETFs, the adoption of Bit is also growing across the United States. Oklahoma recently proposed a bill to allow Bit payments for state employees, businesses, and individuals, a move that could pave the way for wider cryptocurrency acceptance.
Other states are also exploring similar laws, integrating more digital assets into mainstream finance. With increasing institutional demand and improved legal clarity, Bit ETFs are proving to be a crucial driver for the adoption of cryptocurrencies in traditional finance, laying the foundation for continued growth throughout 2025.Bitcoin ETF Booms Thanks to Institutional Investors
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The price increase of Bit exceeded 100,000 USD but did not last long when the US-China trade tensions resurfaced, causing instability in the market. Although the price temporarily recovered after President Donald Trump announced a 30-day delay on new tariffs, some analysts warned that Bit could still face a correction below 90,000 USD if geopolitical risks escalate.
Unprecedented Growth of Bit ETF
Although the Satoshi market has experienced a sell-off in the past few weeks, Bit ETFs in the US have recorded a record-breaking month. January saw over 5.25 billion USD in net inflows, surpassing the 4.53 billion USD recorded in October 2024. BlackRock's IBIT led with 3.23 billion USD in inflows, bringing total assets to 59.39 billion USD. Fidelity's FBTC followed with 1.28 billion USD, pushing net assets to 21.76 billion USD.
The Kobeissi report stated that net inflows reached around 4.5 billion USD in January alone, making it one of the most successful months to date. Since its launch in January 2024, Bit ETF has attracted over 40 billion USD in inflows, pushing assets under management (AUM) beyond 125 billion USD for the first time.
The Kobeissi report also emphasized that assets held in Bit ETFs have doubled in just four months, indicating strong investor confidence in cryptocurrency-based financial products. This rapid growth has also brought Bit ETFs closer to the level of physical gold ETFs, which have been traded for over two decades. This comparison suggests that Bit is increasingly being seen as a legitimate store of value, similar to gold.
Strong Institutional Support Indicates Further Growth
Bit ETF ended January on a strong note, attracting nearly 1 billion USD in just two days. BlackRock's IBIT led the inflows with 685.3 million USD. Although there have been some fluctuations, Bitwise's Chief Investment Officer, Matt Hougan, remains optimistic, predicting that total ETF inflows could exceed 50 billion USD by the end of the year. While there have been some outflow days, the overall trend shows increasing institutional interest in Bit ETFs.
Beyond ETFs, the adoption of Bit is also growing across the United States. Oklahoma recently proposed a bill to allow Bit payments for state employees, businesses, and individuals, a move that could pave the way for wider cryptocurrency acceptance.
Other states are also exploring similar laws, integrating more digital assets into mainstream finance. With increasing institutional demand and improved legal clarity, Bit ETFs are proving to be a crucial driver for the adoption of cryptocurrencies in traditional finance, laying the foundation for continued growth throughout 2025.Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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