On January 3, daily inflows into US spot bitcoin ETFs reached $908m — the highest since late November 2024.
Fidelity’s FBTC drew the most investor interest — $357m. BlackRock’s IBIT followed with $253m.
ARK Invest and 21Shares’ ARKB took in $222m, while Bitwise’s BITB received $61m. The remainder went to Grayscale’s BTC ($8.7m) and VanEck’s HODL ($5.5m). Six other funds did not trade.
Net inflows for the week after Christmas totalled $244m.
Bitcoin spot ETFs closed the 1st week of January strong!
On January 3rd, 2025, BlackRock bought $253M, and all $BTC spot ETFs combined bought $908M.
Big money is back to buying after the Christmas/year-end sell-off.
Not a bad way to start the year. ?
— Patric H. | CryptelligenceX (@CryptelligenceX) January 4, 2025
“Big money is back to buying after the Christmas and year-end sell-off,” wrote trader Patric H.
Over the night of January 3–4, bitcoin climbed to $98,000, up 2% on the day.
“If we don’t break through $99,000 and flip it to support, I think we’ll see lower prices in January,” — said the trader known as Scient.
In a bearish scenario, the analyst expects a pullback to $88,000–90,000.
An investor using the pseudonym Crypto Tony also suggested a “relief bounce,” followed by “another drop” to ~$90,000.
Relieve wave then another drop is what i am looking for on #Bitcoin pic.twitter.com/lwllpUcbvF
— Crypto Tony (@CryptoTony__) January 3, 2025
“I do not expect major changes over the weekend. […] The first full week of 2025 will give us a better idea of where things are headed in the short term,” — noted Daan Crypto Trades.
Earlier, CryptoQuant analyst Burak Keshmechi pointed to the Coinbase premium falling to a 12‑month low — to 0.237. According to him, this signals insufficient institutional demand and caution among US investors.