Bitcoin Price Climbs To $97,000 As Billions Flow Into ETFs
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Bitcoin Price Climbs To $97,000 As Billions Flow Into ETFs
"Crypto investors appear to be kicking off 2026 with a familiar playbook: allocating heavily to Bitcoin ETFs. On Tuesday, the dozen U.S.-listed spot Bitcoin funds recorded roughly $760 million in net inflows, the largest single-day total since October. Fidelity's Wise Origin Bitcoin Fund (FBTC) led the pack, absorbing about $351 million, while Bitwise's BITB and BlackRock's iShares Bitcoin Trust (IBIT) also posted strong gains."
"The momentum accelerated on Wednesday. Data from SoSoValue shows spot Bitcoin ETFs took in another $843.6 million, extending the positive streak to three consecutive days and bringing total inflows over that period to approximately $1.71 billion. Eight of the 12 funds reported net inflows, with BlackRock's IBIT alone drawing in $648 million, underscoring its dominance among institutional allocators. Bitcoin's price action reflected that renewed interest."
"After spending much of November and December trading below $92,000, BTC broke decisively higher this week, reclaiming the $94,000-$97,000 range and pushing toward $100,000. The move triggered roughly $700 million in short liquidations, amplifying volatility and accelerating the rally, according to Bitcoin Magazine Data. ETF flows have become a key barometer of institutional sentiment since spot products launched in early 2024."
Bitcoin climbed above $97,000, reaching its strongest level in over two months amid large inflows into U.S. spot Bitcoin ETFs and supportive macro signals. U.S.-listed spot funds logged roughly $760 million in one day, led by Fidelity's FBTC, followed by an additional $843.6 million the next day, totaling about $1.71 billion across three days. Eight of 12 funds posted net inflows, with BlackRock's IBIT drawing $648 million. The price reclaiming the $94,000–$97,000 range triggered roughly $700 million in short liquidations and heightened volatility. ETF flows remain a key gauge of institutional sentiment.
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