The price of Bitcoin (BTC) approached $98,000 on Jan. 14, driven by significant inflows into U.S. spot exchange-traded funds (ETFs) linked to BTC. The previous day, these ETFs recorded their largest daily inflows in three months.
Bitcoin ETFs are financial products that track the value of Bitcoin and are traded on traditional stock exchanges, offering retail investors indirect exposure to cryptocurrency in an easily accessible format.
Bitcoin ETFs Register Strongest Day in Over 3 Months
According to the onchain analytics platform SoSoValue, spot Bitcoin ETFs experienced a net inflow of $753.73 million on Jan. 13. This inflow represents the strongest day for Bitcoin ETFs in more than three months, surpassing the $875.61 million in net inflows recorded on October 7, 2025.
Key inflows for Jan. 13 included:
- •Fidelity Wise Origin Bitcoin Fund (FBTC): $351.36 million
- •Bitwise Bitcoin ETF (BITB): $159.42 million
- •BlackRock’s iShares Bitcoin Trust (IBIT): $126.27 million
- •ARK 21Shares Bitcoin ETF (ARKB): $84.88 million
As of Jan. 13, the cumulative total net inflow for U.S. spot Bitcoin ETFs stood at $57.27 billion.
Ethereum and XRP ETFs Also See Strong Inflows
Spot Ethereum (ETH) ETFs in the U.S. also recorded substantial inflows, with $130 million in net inflows on Jan. 13, marking the highest figure since January 5, according to SoSoValue. The cumulative total net inflow for spot Ether ETFs reached $12.57 billion as of Jan. 13.
Spot XRP ETFs, after experiencing their first net outflow on January 7, 2025, registered a net inflow of $12.98 million on Jan. 13. Since their launch in mid-November 2025, the cumulative total net inflow for spot XRP ETFs has reached $1.25 billion as of Jan. 13.
Market Performance: Bitcoin, Ether, and XRP Surge
Following the strong ETF performance, Bitcoin reached a high of $97,704.92 on Jan. 14. This marks the first time BTC has surpassed the $97,000 mark since November 14, 2025. At the time of writing, BTC was trading at $96,532.66, showing an increase of over 4% in the last 24 hours.
Ether also saw a significant rise, trading at $3,324.49, up more than 4% in the past 24 hours. XRP surged 1.5% in the same period, trading at $2.14 at press time.
Several factors are contributing to the recent surge in these crypto assets. The lower inflation report for December 2025 has improved liquidity conditions, which generally benefit risk assets like cryptocurrencies. Additionally, actions taken by the Department of Justice against the Federal Reserve have introduced renewed uncertainty regarding the central bank's independence. This has weakened the U.S. dollar, and currency debasement often boosts crypto assets, which are seen as hedge assets.
The total cryptocurrency market capitalization increased by 2.5% in the last 24 hours, reaching $3.35 trillion.