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Bitcoin ETFs Record $843.6 Million Daily Inflow as Institutional Demand Surges
Source: CryptoNewsNet Original Title: Bitcoin ETFs take in $830 million amid positive inflows across ether, solana and XRP Original Link: Spot crypto exchange-traded funds recorded broad inflows on Wednesday, led by a sharp pickup in demand for U.S. bitcoin ETFs as institutional investors returned after a choppy start to the year.
Data shows spot bitcoin ETFs pulled in $843.6 million on Jan. 14, their largest daily inflow in several months. The move followed a volatile stretch earlier in January that saw multiple days of net outflows as traders reduced exposure.
BlackRock’s IBIT dominated the session, drawing about $648 million, while Fidelity’s FBTC added roughly $125 million. Smaller inflows were spread across other issuers, lifting total net assets held by U.S. spot bitcoin ETFs to about $128 billion.