U.S. spot Bitcoin ETFs attracted $1.42 billion in net inflows during the week of January 12-16, marking the strongest weekly performance in three months.
BlackRock's iShares Bitcoin Trust led the surge with $1.035 billion in inflows, accounting for roughly 73% of the weekly total.
Bitcoin trades near $94,900 after briefly touching $97,000 earlier this week, the highest level since mid-November 2025.
What Happened
The mid-January inflow streak reversed outflows of approximately $1.3 billion to $1.4 billion recorded from January 6-9, when institutional investors pulled capital following year-end tax positioning.
BlackRock's IBIT recorded its largest single-day intake of 2026 on January 14 with $648.39 million, setting a new daily record for the fund.
Fidelity's Wise Origin Bitcoin Fund contributed approximately $351.4 million on January 13, the second-largest driver of the week's flows.
The inflows pushed total Bitcoin ETF assets under management to approximately $128.04 billion, representing 6.56% of Bitcoin's market capitalization.
Why It Matters
The sustained three-day inflow period signals renewed institutional confidence after December's record $4.57 billion two-month outflow, the worst stretch since ETF launches in January 2024.
ETF-driven demand is increasingly shaping Bitcoin price discovery as regulated investment vehicles provide institutional access without operational complexity of self-custody.
Market analysts note the inflows coincided with Bitcoin's move above $97,000, though the correlation between ETF buying and immediate price impact remains debated among traders.
The reversal suggests institutional allocators may be repositioning for 2026 after tax-loss harvesting and portfolio rebalancing dominated year-end flows.
However, risks persist if sentiment shifts or outflows resume, potentially undermining support above $95,000 and exposing Bitcoin to a retest of lower support levels near $90,000.