It is reported that cryptocurrency investors are ushering in the new year in their characteristic fashion: pouring heavily into Bitcoin ETFs. Statistics show that this Tuesday, over ten Bitcoin-holding ETFs collectively recorded approximately $760 million in inflows, marking the largest single-day net inflow since October last year. Among them, the Bitcoin ETF-Fidelity (FBTC.US) contributed the majority, attracting $351 million in a single day.

Most of these spot Bitcoin ETFs were launched two years ago. At the end of 2025, affected by the decline in cryptocurrency prices, they experienced significant outflows for a period. However, prior to the collective crash of Bitcoin, Ethereum, and various other tokens in October, these products had been highly favored by institutional and retail investors for providing a convenient channel to participate in the digital asset market.

Nevertheless, Bitcoin prices—at least for now—have shown signs of recovery. Since the beginning of the new year, Bitcoin has accumulated a gain of 10%, reclaiming the $97,000 threshold.

Analyst Eric Balchunas stated, "With the continuous inflow of ETF funds, if the momentum from the previous day can be sustained, it will provide strong support for Bitcoin prices."

Over the two years since their launch, spot Bitcoin ETFs have attracted hundreds of billions of dollars in cumulative inflows, driven by rising Bitcoin prices and the increasing mainstream acceptance of the cryptocurrency industry. However, after the October crash in the cryptocurrency market, these products began to face pressure from fund outflows. This crash also led Bitcoin to experience its first annual decline since 2022. In 2025, Bitcoin fell by over 6% for the year, largely decoupled from the upward trends in the stock market and precious metals.

David Tawil, President of ProChain Capital, noted, "A rising tide lifting all boats is always a good sign." He added that, in the long run, Bitcoin price movements are likely to decouple from other assets, demonstrating greater independence.

Other cryptocurrency tokens have also performed in this rally. Ethereum, the world’s second-largest cryptocurrency by market capitalization, surged by up to 6% on Wednesday, accumulating a gain of 13% since the beginning of the new year. During the same period, Ethereum ETFs also recorded $130 million in inflows.