The influx of Bitcoin-Bitcoin-treated funds in the United States detailed in the past week in the midst of the Fed decision on interest rate letings and a broader risk-off sentiment among investors after concerning the AI platform Deepseek of China .
According to facts From Sosovalue, the 12 Spotbitcoin ETFs experienced a significant decrease in the net entry, which won $ 559.84 million from investors in the past week – almost 68% less than $ 1.76 billion registered the last week.
Allegedly, these investment products started the week of January 27, January with $ 457.48 million in, caused by the increasing acceptance of the Chinese AI app Deepseek. The app, seen as a competitor of Sam Altman’s chatgpt but created with a fraction of the costs, made investors and led to a crash in large stock prices, while it resulted in almost $ 1 billion in liquidations on the crypto market that day.
For the next two days, Spot Bitcoin funds saw the inflow of $ 18.44 million and $ 92.09 million, although it remained relatively weak when the crypto community deleted for the FOMC meeting. Most already expected the Fed to keep the interest rates unchanged at 4.25% to 4.50%.
After the paying attitude of the FED on the evening of January 29, BTC ETFs saw an increase of 500% in the inflow the next day and attracted $ 588.22 million, led by BlackRock’s IBIT, which was good for $ 321.5 million. The bullish inflow took place on January 31, because the BTC ETFs saw $ 318.56 million flowing into the funds.
Blackrock’s IBIT led the peloton for the day and attracted $ 363.83 million in investors’ inflow. It was followed by Ark 21Shares’ Arkb and Vaneck’s Hodl, who registered the inflow of $ 35.59 million and $ 5.76 million respectively. Bitwise GBTC, however, stood out as the only bijters of the day, with investors taking $ 56.03 million and $ 30.59 million respectively.
2025 to be bullish for Bitcoin ETFs
According to Matt Hougan, Global Head of Research for Bitwise Assets Management, the 12-spot Bitcoin funds in 2024 had pulled almost $ 35.2 billion in inflow. Before 2025 to predict The inflow to exceed last year’s figures.
Although in the coming months for BTC ETFs for BTC ETFs for BTC ETFs he warned of “considerable volatility from month to month,” he said that Bitcoin ETFs would still end “the year north of $ 50 billion”.
The Bitcoin ETF market is also expected to expand this year. According to Crypto commentator Andrew, a large number of BTC ETFs from several remarkable issues, such as Wells Fargo, Stifel, Raymond James and UBS, could be approved by the end of the first quarter of 2025.
