Bitcoin ETF weekly inflows slowdown despite optimism following Trump’s inauguration

Inflows into spot Bitcoin exchange-traded funds in the United States tapered off over the past week, starkly contrasting the expectations of the crypto community following President Donald Trump’s inauguration.

According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced a slowdown in inflows over the past week, attracting approximately $1.76 billion from investors—around 10.5% less than the $1.96 billion recorded the previous week.

These investment products reportedly drew over $1 billion on Jan. 17, marking their highest inflow since the beginning of the year, just ahead of Trump’s presidential inauguration. However, to the crypto community’s astonishment, inflows into the BTC ETFs began declining in the days following Trump’s inauguration on Jan. 20.

Notably, on the first business day after Trump took office, these investment vehicles managed to attract $802.5 million from investors, with BlackRock’s IBIT leading the group at $661.9 million. The net inflows for the following two days were reportedly much lower, at $248.65 million and $188.65 million, respectively. However, the trend of diminishing inflows appeared to reverse on Friday, Jan. 24, as the BTC ETFs saw $517.67 million flowing into the funds.

Interestingly, Fidelity’s FBTC led the pack on the day, drawing in $186.07 million from investors. This was closely followed by ARK 21Shares’ ARKB and BlackRock’s IBIT, which recorded inflows of $168.71 million and $155.69 million, respectively.

More modest inflows were observed in Grayscale Bitcoin Mini Trust and WisdomTree’s BTCW, which saw $13.01 million and $2.79 million enter their funds. Bitwise’s BITB, however, stood out as the only outlier of the day, with $8.6 million withdrawn by investors.

The decline in weekly inflows to Bitcoin ETFs coincided with a shift in Bitcoin’s price momentum following President Donald Trump’s signing of an executive order on Jan. 23. The order, which aimed to establish a working group focused on digital assets, fell short of expectations within the crypto community.

Although the executive order outlined plans to advise the White House on digital asset policy and assess the potential for creating a government-held stockpile of seized cryptocurrencies, it stopped short of proposing the establishment of a strategic Bitcoin reserve—a move many crypto advocates had been eagerly anticipating.

At press time, Bitcoin (BTC), the largest cryptocurrency in the market, is down 4.5% over the past day and 1.4% over the past week, retracing toward the critical $100k psychological support level. Many experts believe this level is essential for Bitcoin to regain momentum and chart a path toward a new all-time high.