U.S. spot Bitcoin exchange-traded funds (ETFs) saw a sharp return to form on January 5, as their total net daily inflows hit $697 million – the largest single-day inflow on record since early October.
The move came as Bitcoin opened the new year on a strong footing, gaining around 7.5% over the past week. This also coincided with an improved sentiment across the broader crypto market. Analysts are expecting the apex crypto asset to reclaim the $100,000 mark, as it currently trades in the $93,500 to $94,000 range.
U.S. Spot Bitcoin ETFs Register Largest Daily Inflow Since October, Led by BlackRock’s IBIT
As per data from SoSoValue, spot bitcoin ETFs reported a total inflow of $697.25 million on Monday, following $471.14 million in inflows registered when the markets closed on Friday. The cumulative total inflow for the investment products offering retail and institutional investors exposure to BTC’s spot market performance has already surpassed $1.16 billion so far in 2026.
From the 12 funds that are currently trading on Wall Street, nine posted positive flows yesterday, with BlackRock’s IBIT leading the chart by pulling in $372.47 million, followed by Fidelity’s FBTC with $191.2 million in inflows. Bitwise’s BITB saw an inflow of $38.45 million, while Ark & 21Shares’ ARKB registered $36.03 million. Other funds from Grayscale (GBTC), VanEck (HODL), Invesco (BTCO), Franklin Templeton (EZBC), and Valkyrie (BRRR) also recorded positive flows.
Nick Ruck, director at LVRG Research, suggested that the sizable inflows into ETFs signal renewed risk appetite and confidence in regulated crypto exposure as the new year began.
“The demand across major assets points to improving market sentiment, with potential for sustained price gains throughout 2026 if institutional participation and favorable regulatory developments continue,” he added.
Analysts also pointed out that the synchronized buying trend among the ETFs can be attributed to portfolio rebalancing, particularly as bitcoin has maintained its price above the $90,000 mark through the first two trading days of the year.
Glassnode Report Suggests BTC Price is Recovering, as More Coins are in Profit
Meanwhile, in a recent report, blockchain analytics firm Glassnode noted that the crypto market is experiencing a gradual shift in holder conditions. More coins are now in profit, while unrealized losses are falling sharply. This is also the case for realized losses, which previously led to forced selling across the market and negatively affected bitcoin’s price, and has also fallen.
They reported that BTC’s price has moved from a correction phase to a narrow consolidation range. However, despite improved ETF inflows and institutional demand, on-chain demand remains slow. Glassnode warned that as the broader market aims to push bitcoin to higher levels, traders could experience sharp price swings, resulting in profit-taking in the near term.
However, prominent crypto analyst Michael van de Poppe suggested that the level of inflows into the Bitcoin ETFs reduces the chance of a strong pullback. His notion is supported by data from the options market, which has increased optimism among traders, as the ‘Call’ option for a strike price of $100,000 is now in popularity. The BTC options market has shifted bullish as Call prices are rising relative to ‘Puts’.
At the time of writing, Bitcoin (BTC) is trading at $93,809 – up 0.79% in 24 hours.
