Bitcoin ETFs resume inflows post-Trump inauguration as BTC holds above $105k

Spot Bitcoin exchange-traded funds in the United States resumed their positive inflow streak on Jan. 21, following President Donald Trump’s inauguration, with BTC holding above $105k.

According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $802.5 million in net inflows on Jan. 21, extending their previous inflow run to four days, during which over $3.2 billion entered the funds.

The majority of inflows on Tuesday came from BlackRock’s IBIT which saw $661.9 million enter the fund and lead the highest inflows for the the third straight day. Grayscale’s mini Bitcoin Trust followed with an inflow of $136.39 million.

ARK 21Shares’ ARKB, Fidelity’s FBTC and Franklin Templeton’s EZBC also contributed to the positive momentum with more modest inflows of $8.51 million, $6.97 million and $6.18 million respectively.

Bitwise’s BITB bucked the trend with an outflow of $17.41 million. The remaining BTC ETFs saw “0” flows on the day.

The total trading volume for the 12 Bitcoin ETFs reached $5.05 billion on Jan. 21, while the total net inflows into the investment products since launch stood at $38.98 billion.

Despite the significant inflows of $802.5 million recorded on Jan. 21, they fell short of the $1.08 billion seen the previous trading day. This decline likely stemmed from President Donald Trump’s failure to issue an anticipated executive order to establish a Bitcoin national reserve and prioritise cryptocurrencies as a national agenda.

According to Kadan Stadelmann, CTO of Komodo Platform, Trump’s early days in office could turn into a “sell the news” event. He explained that the initial optimism in the crypto markets following Trump’s election might fade, as investors had already priced in anticipated policy changes well before Trump assumed the Presidency.

However, Stadelmann urged crypto enthusiasts to remain hopeful, noting that Trump’s focus on pressing national challenges has delayed immediate crypto-related actions.

“Overall, the Bitcoin and crypto markets should still expect a more crypto-friendly administration under Trump. We see institutions still expecting crypto liberalization as they continue to buy up Bitcoin ETFs ahead of expected policy changes.”

Kadan Stadelmann, CTO of Komodo Platform.

At press time Bitcoin (BTC), was up 3.1%, exchanging hands at $105,708 per coin.