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The Defiant 2025-01-06 20:25:07

Bitcoin ETFs Post Highest Inflows Since November

Bitcoin (BTC) spot exchange-traded funds (ETFs) drew in $908 million on Jan. 3, the highest single-day inflows since Nov. 21, 2024. This figure is a 17x increase compared to the $5.3 million in inflows recorded on Dec. 31, 2024, according to SoSo Value data . Since their launch in January 2024, BTC ETFs have accumulated a total of $36 billion in inflows, with total net assets reaching $111 billion. Bitcoin is currently trading at $102,000, reflecting a 4% increase over the past 24 hours and a 7.9% rise over the past week, according to CoinGecko . This price comes after nearly a month of Bitcoin fluctuating around the $100,000 mark. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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