It looks like Bitcoin has finally found its real support level, and it is not from price charts but from institutions. According to SoSoValue, on Jan. 14, spot Bitcoin ETFs got a net inflow of $843.62 million. This was their second-largest daily intake since launch, and it wiped out a week of outflows in a single shot.
The total cumulative net inflow is above $58.1 billion, while total assets across all funds hit $128.04 billion, now accounting for 6.56% of Bitcoin’s market cap.
The BlackRock iShares Bitcoin Trust (IBIT) alone absorbed $648.39 million, setting a new daily record for the fund as its net assets surged past $76 billion. Fidelity’s FBTC came in second with $125.39 million, and Ark 21Shares’ ARKB brought in $27 million.
Even smaller players like Valkyrie and Franklin had good flows, despite tighter fee compression across the board.
2 triggers behind $840.6 million Bitcoin ETF surge
This aggressive capital rotation comes after a volatile early January, when outflows exceeded $1.3 billion between Jan. 7 to 9. Last week, we saw a total net inflow of $1.71 billion, which is a complete reversal from earlier trends. This suggests that institutions are starting to accumulate again, possibly because they are anticipating further Q1 CPI relief and a rate cut.
At the same time, the Bitcoin price hit $96,951 before pulling back a bit, keeping the $100,000 mark in play. If ETF inflows keep up this pace for a few more sessions, BTC’s total spot ETF ownership might go over 7% for the first time, with implied liquidity pressure pushing toward the next psychological ceiling at $107,000 per BTC.
Bitcoin’s ETF-backed attempt is now doing what demand and excitement could not: pushing supply-side exhaustion into a market structure that is wearing thin. This might not just be a bounce; it is beginning to look like a proper breakout with backing.
Source: https://u.today/bitcoin-inflows-go-parabolic-as-17-billion-weekly-etf-spike-stuns-bears