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CryptoXTimes > Article > News > Bitcoin ETFs See $588M Inflows, BlackRock Leads With $321M
NewsBitcoin News

Bitcoin ETFs See $588M Inflows, BlackRock Leads With $321M

Bitcoin ETFs hit $125B, BlackRock leads market growth.

Nayab Fatima
Last updated: January 31, 2025 3:54 pm
Nayab Fatima 4 months ago
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Bitcoin ETFs See $588M Inflows, BlackRock Leads With $321M

On January 31, 2025 the US Bitcoin exchange-traded funds reached an investment value of $125 billion which shows strong institutional support for cryptocurrency. By January 30th of 2025 Bitcoin ETFs possess ownership of 6.05% of all Bitcoin according to Dune Analytics’ latest statistics.*

The Bitcoin exchange-traded funds entered the market for trading on January 11, 2024, followed by their achievement of this milestone one year later. These funds have become key players in finance because institutional buyers see Bitcoin as an excellent place to store their money.

Bitcoin ETFs Gain Momentum

During the initial 24-day period of January Bitcoin ETFs absorbed $4.2 billion dollar inflows representing 6% of total ETF activities. As reported by Bloomberg senior analyst Eric Balchunas new investors put 75% of their money into Bitcoin funds when the price hit $50,000 on February 15, 2024 just 1 month after ETFs entered the market.

“The spot bitcoin ETFs quietly on fire to start year, with $4.2b in flows which is 6% of all ETF flows. […] For context they just passed ESG ETFs in assets ($117b) and have about same as gold spot.”

As the major asset management company globally BlackRock plays a significant role in Bitcoin ETF products. IBIT has become the major BTC ETF because it holds over $58 billion in assets under management and remains BlackRock’s BTC ETF. Because of its total assets BlackRock’s fund ranks among global ETF market leaders at position 31 and outperforms other standard and crypto-oriented financial products.

BlackRock BTC ETF brought $321 million into its assets on January 30 per Farside Investors with $321 million. These investments made up more than half of the total $588 million net BTC ETF investments during that day. BlackRock currently controls 46% of the entire U.S. BTC ETF market and leads the competition in this sector.

The jump in BTC ETF activity generates market enthusiasm but analysts stay alert for any disruptive price fluctuations. BTC reacts well to major economic activities and analysts expect market dips in the short term. Even though experts expect BTC to fall to $96,000 in the short run analysts maintain a favorable outlook on its future market potential.

As Bitget Research Chief Analyst Ryan Lee believes BTC may attain $200,000 by 2025 through ongoing ETF developments and rising institutional investment.The performance of BTC may weaken when the Fed takes longer to cut interest rates.

“Long-term projections suggest sustained growth, with some forecasts placing Bitcoin’s value at $200,000 by 2025.”

People closely watch how BTC ETF growth changes BTC market performance and overall business market behavior. As more money flows into space and BlackRock takes the lead this crypto asset is transforming quickly into a financial market option.

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TAGGED: Bitcoin, BlackRock, Cryptocurrencies, IBIT
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Next Article MicroStrategy Sells Stock, Grows Bitcoin Holdings, Disputes IRS Tax MicroStrategy Sells Stock, Grows Bitcoin Holdings, Disputes IRS Tax
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