Demand for US Bitcoin ETFs has significantly increased as we enter 2025, signifying a notable reversal following a lackluster start to the year.<\/p>\n
Based on recent figures from Glassnode, net inflows for the week ending January 6 amounted to 17,567 BTC, equivalent to around $1.7 billion.\n<\/p>\n
This increase surpasses the weekly average inflows of 15,900 BTC documented in the final quarter of 2024 and indicates a resurgence of investor enthusiasm.<\/p>\n
Inflows into Bitcoin ETFs have shown an erratic pattern. These inflows showed notable fluctuations in late 2024. In September, there was a significant decline as Bitcoin<\/a> prices dropped below $64,000, leading to large withdrawals.<\/p>\n Nevertheless, things began to change by October. Inflows increased dramatically; in few weeks, they topped 24,000 BTC. With the average weekly inflow settling at around 15,900 BTC, the increase continued into November and December, demonstrating the high demand for Bitcoin investments.<\/p>\n After a slow start to the year, demand for US spot #Bitcoin<\/a> ETFs has normalized. In the week of January 6, inflows reached 17,567 #BTC<\/a> ($1.7B), which is slightly higher than the weekly average of 15.9K $BTC<\/a> ($1.35B) from October to December 2024: https:\/\/t.co\/0Cpfm8lpak<\/a> pic.twitter.com\/u4FksOSLuZ<\/a><\/p>\n \u2014 glassnode (@glassnode) January 13, 2025<\/a><\/p>\n As the price of Bitcoin increased, so did ETF inflows. In December 2024, the most popular digital asset in the world reached a record-breaking high of $108,135.<\/p>\n This association suggests that as more people switched to exchange-traded funds, investors\u2019 confidence in Bitcoin\u2019s worth grew, leading to a positive market sentiment.<\/p>\n\n The total holdings of US spot Bitcoin ETFs<\/a> as of early January 2025 are approximately 1.13 million BTC. Grayscale has 204,300 BTC, Fidelity holds 205,488 BTC, and BlackRock has 559,673 BTC, making it the largest holding.<\/p>\nBitcoin ETFs: Who Possesses The Most?<\/strong><\/h2>\n