Looking at this chart, I can clearly see that 2024 has been a turning point for the crypto market. Digital asset ETFs had been a topic of discussion for years, but the real explosion happened in 2024.
Analyzing the relationship between Bitcoin’s price and the inflows into ETFs, I realized that these two factors fueled each other. ETFs were launched, Bitcoin’s price surged. As Bitcoin’s price went up, more investors turned to ETFs.
So, how did this process unfold? Let’s break it down step by step.
1️⃣ Demand for Digital Asset ETFs Exploded!
Looking at the left side of the chart, I see that cumulative net inflows into digital asset ETFs skyrocketed from early 2024.
📌 The number of digital asset ETFs launched in 2024 was 2.5 times that of 2023!
📌 Inflows into ETFs in 2024 were 35 times higher than in 2023.
What does this mean? Institutional investors are now taking Bitcoin seriously! Previously, funds hesitant to invest directly in the crypto market found a safe and regulated way through ETFs.
Now, let’s be honest — would Bitcoin have risen this much without ETFs? I don’t think so. This massive demand was one of the biggest forces driving the price upward.
2️⃣ Bitcoin and ETFs Rose Together!
The purple line on the chart shows Bitcoin’s price movement over the years. As I analyze this, I can clearly see how Bitcoin’s price rose in sync with ETF inflows.
🔹 The major bull run in 2021 was that insane rally everyone remembers. But then, during the 2022–2023 bear market, Bitcoin took a massive hit.
🔹 By 2024, the landscape had completely changed. The launch of spot Bitcoin ETFs gave Bitcoin a strong upward push, setting the stage for its rally to $100,000.
At this point, some argue that ETFs manipulated Bitcoin’s price. But my take on this is different: When institutional investors enter the market, they naturally push prices up. This isn’t manipulation — it’s simple supply and demand.
And one thing is crystal clear to me: Bitcoin’s rise is no longer just in the hands of retail investors — big funds and institutions now have control as well.
3️⃣ U.S. Presidential Elections: A Major Influence on Crypto Markets!
Another major event highlighted in the chart is the impact of the U.S. presidential elections. Toward the end of 2024, both Bitcoin’s price and ETF inflows surged significantly.
This tells me that the market was pricing in the potential effects of the election on crypto regulations.
Why?
✔ Investors anticipated a more crypto-friendly administration, which boosted confidence.
✔ Expectations of regulatory changes led to market volatility.
✔ Large funds positioned themselves strategically based on potential post-election policies.
When I see this, I can’t help but think: Bitcoin has now become a political issue! What was once just a niche interest for tech enthusiasts has now become a subject of discussion at the highest levels of government and central banks.
And if politics is now influencing Bitcoin, it means this asset has officially entered the mainstream financial system.
4️⃣ Bitcoin Breaks $100,000! What’s Next?
At the end of the chart, Bitcoin surpasses $100,000, and ETF inflows hit new highs. To me, this sends a clear message:
📌 ETFs have become the gateway for institutional money into Bitcoin.
📌 Institutional investors are now heavily involved in Bitcoin, pushing prices up.
📌 Bitcoin is gradually becoming an integral part of traditional finance.
Now, the big question on my mind: Will this rally continue?
My take: As long as regulatory pressure doesn’t slow Bitcoin down and demand for ETFs remains strong, this uptrend could continue. However, whether Bitcoin stays above $100,000 will depend on overall market sentiment.
2024 Was a Turning Point for Crypto!
This chart clearly shows me how Bitcoin and digital asset ETFs have undergone a massive transformation.
✔ 2024 was a historic year for digital asset ETFs.
✔ Spot Bitcoin ETFs became one of the biggest catalysts for Bitcoin’s price surge.
✔ The U.S. presidential elections increased volatility in Bitcoin and ETF markets.
✔ By 2025, Bitcoin had surpassed $100,000, and ETF inflows were at record levels.
I now believe that Bitcoin is no longer just an investment asset — it has become part of the traditional financial system. If this trend continues, we might even see Bitcoin included in central bank reserves in the coming years! 🚀
What Has Changed in Bitcoin and Digital Asset ETFs? Big Explosion on the Road to $ 100,000! was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.