YEREVAN (CoinChapter.com) — Spot Bitcoin ETFs in the U.S. have reached $125 billion in total holdings as of Jan. 30, marking a major development for institutional Bitcoin adoption. These ETFs now hold over 6.05% of the total Bitcoin BTC supply, according to Dune data.
Bitcoin ETFs Overview. Source: Dune . comBetween Jan. 1 and 24, Bitcoin ETFs saw $4.2 billion in net inflows, representing 6% of all ETF investments during this period. Eric Balchunas, a senior ETF analyst at Bloomberg, noted the rapid growth:
“The spot bitcoin ETFs quietly on fire to start year, with $4.2b in flows which is 6% of all ETF flows. Now at +$40b net since launch with aum at $121b and return of 127%. For context they just passed ESG ETFs in assets ($117b) and have about same as gold spot.”
Bitcoin ETF Flow Data. Source: BloombergThese funds have gained significant traction since their trading debut on Jan. 11, 2024, with strong investor demand driving inflows.
BlackRock’s IBIT Ranks 31st Among Global ETFs
BlackRock’s iShares Bitcoin Trust (IBIT) leads the Bitcoin ETF market with $58 billion in assets, accounting for 46.4% of the total market share among U.S. Bitcoin ETFs.
Data from VettaFi places IBIT as the 31st-largest ETF worldwide, surpassing several long-established traditional finance funds.
Top ETFs by Assets. Source: VettaFiOn Jan. 30, IBIT added $321 million in Bitcoin, capturing 54% of the day’s $588 million net inflows, according to Farside Investors.
Daily Bitcoin ETF Flows. Source: FarsideBitcoin ETFs Drive Market Activity in 2024
Bitcoin ETFs have contributed to Bitcoin’s market performance, particularly during its 2024 price movements. After the launch of spot Bitcoin ETFs, Bitcoin reclaimed the $50,000 level by Feb. 15, with ETFs accounting for 75% of new investments at that time.
The increasing adoption of Bitcoin ETFs reflects investor interest in regulated Bitcoin exposure. These funds provide an option for institutional investors to enter the Bitcoin market without directly holding the asset.
Bitcoin ETF Growth Outpaces ESG and Gold Funds
With $125 billion in assets, Bitcoin ETFs now hold more than ESG ETFs ($117 billion) and are nearly at the same level as gold spot ETFs.
Market data shows continued demand for Bitcoin ETFs, with institutional investors maintaining positions in these funds. However, economic conditions, including U.S. Federal Reserve interest rate decisions, could influence short-term Bitcoin ETF activity.
Bitcoin Price Holds Above $104K Amid Steady Market Activity
Notably, Bitcoin’s price hovered at $104,922 on Jan. 31, 2025, reflecting a 0.51% increase for the day. The cryptocurrency showed consistent upward momentum following earlier price fluctuations throughout the month.
Moreover, the Relative Strength Index (RSI) stood at 55.85, signaling moderate buying activity. Trading volumes remained steady, with Bitcoin maintaining strong support above $104,000, as seen on Tradingview data.
Bitcoin Price Chart $104K. Source: TradingViewThe post Bitcoin ETFs Cross $125B, BlackRock’s IBIT Now Among Largest Funds appeared first on Coinchapter.
