Bitcoin ETFs Attract Record Influx of $840 Million Amid BTC Surge Above $97,000
Bitcoin ETFs Draw $1.7 Billion in Just Three Days
Bitcoin ETFs have seen strong inflows for three consecutive days, compensating for earlier losses from the beginning of January. Daily inflows for Bitcoin ETFs exceeded $843.6 million on Wednesday, marking the highest single-day inflows since 2026. In total, Bitcoin ETFs attracted over $1.7 billion during this three-day stretch, recovering from approximately $1.4 billion in outflows recorded between January 6 and 9.
These fresh inflows come as Bitcoin returned to two-month highs, surpassing $97,000 on Wednesday, generating increased investor sentiment, while the Crypto Fear and Greed Index turned optimistic for the first time since October. Investment giant BlackRock led the daily inflows with $648 million for its iShares Bitcoin ETF (IBIT). Other notable contributions included Fidelity's Wise Origin Bitcoin Fund (FBTC), which added $125.4 million.
Bitcoin ETFs attracted $1.5 billion in inflows during the first nine trading days of January, signaling a reversal of the trend. On Tuesday, inflows of $754 million were the highest since October 7, when Bitcoin ETFs recorded inflows of $875.6 million. This surge in Bitcoin funds coincided with BTC climbing above $97,000 for the first time since mid-November.
Despite brief pullbacks, Bitcoin was trading at $96,642 at the time of publication, according to data from Coinbase. In light of this price increase, the Crypto Fear and Greed Index jumped to 61, entering the 'greed' territory for the first time since October.