Bitcoin Spot ETF Inflows Soar to 987 Million Amid January Fiscal Deadline
Bitcoin and Ethereum spot ETFs experienced a significant surge in inflows on January 6, totaling nearly 1.2 billion dollars. Specifically, Bitcoin ETFs saw 987 million dollars in net inflows. The leading contributor was Fidelity’s ETF, bringing in 370 million dollars. BlackRock’s ETF also performed strongly, securing 209 million dollars in inflows. This uptick in investments highlights heightened investor interest. However, stakeholders should consider the approaching financial deadlines slated for mid-January. These developments could bring new dynamics in the market as investors adjust to changing conditions.