Despite recent market turbulence, Bitcoin ETFs in the U.S. recorded $5.25 billion in net inflows in January, exceeding December’s $4.53 billion. BlackRock’s IBIT led the surge with $3.23 billion, bringing its total assets to $59.39 billion, followed by Fidelity’s FBTC at $1.28 billion and $21.76 billion in total net assets.
The Kobeissi Letter highlighted that Bitcoin ETF holdings have doubled in just four months, with total assets under management (AUM) surpassing $125 billion. This rapid expansion positions Bitcoin ETFs closer to spot gold ETFs, reinforcing Bitcoin’s status as a legitimate store of value.
Bitcoin ETFs ended January on a strong note, pulling in nearly $1 billion in just two days, led by BlackRock’s IBIT with $685.3 million in inflows. Bitwise CIO Matt Hougan remains optimistic, predicting ETF inflows could exceed $50 billion by year-end.
Meanwhile, Bitcoin adoption is gaining momentum. Oklahoma has proposed a bill to allow Bitcoin payments for state employees and businesses, signaling growing crypto integration into traditional finance. With institutional interest surging, Bitcoin ETFs are shaping up to be a major driver of mainstream adoption in 2025.