Spot Bitcoin ETFs Notch $1.4 Billion Weekly Haul, Largest Since Early October ⋆ ZyCrypto

Institutional investors have continued to allocate capital to U.S.-listed spot Bitcoin exchange-traded funds (ETFs), prioritizing the top asset even as broader crypto market sentiment remains fragile.

Spot Bitcoin ETFs pulled in net inflows of over one billion last week, marking the largest tally in three months. 

BTC ETFs Just Had Their Best Week Since October

The nearly dozen spot BTC funds logged a net inflow of $1.42 billion last week, the largest inflow since the week ended October 10, when the ETFs pulled in $2.7 billion.

BlackRock’s IBIT led last week’s inflows, attracting $1.03 billion in net inflows for the week ended Jan. 16, per data from SoSoValue.

The strong inflows into Bitcoin ETFs, despite the short-term volatility in the crypto market, indicate renewed institutional demand and conviction in BTC as a long-term asset class.

Ether spot ETFs also registered notable demand, pulling in $479 million in inflows, their highest weekly tally since early October, which reflects a bullish near-term outlook for ETH. BlackRock’s ETHA registered a lion’s share of this, raking in $219 million.

Bitcoin’s Upside Capped By Growing Geopolitical Tensions

Last week’s positive momentum came as the premier crypto topped the $97,000 level toward the end of the week, up from around $90,500 at the beginning of the period. BTC has since retreated after news emerged about US-European tensions over Greenland. 

President Donald Trump threatened to increase tariffs, beginning at 10% on February 1 and surging to 25% by June, on imports from eight NATO allies, including Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, unless Denmark agrees to sell Greenland to the United States. 

Bitcoin has shed 2.2% over the last 24 hours to trade hands at $92,951, according to CoinGecko data. The asset remains roughly 26% below its October record high of just above $126,000.

CoinGlass data aggregated from publicly available sources showed over $873.87 million in crypto positions were liquidated over the last 24 hours, with approximately $788 million coming from long positions, signaling that bullish positioning had become crowded following the recent upsurge.

That said, traders are likely to remain on edge until sustained spot demand re-emerges, as cryptocurrencies will likely remain sensitive to geopolitical factors.