Bitcoin ETF Sees Renewed Momentum as Fidelity’s FBTC Leads with $254M Inflow
US Spot Bitcoin ETFs bounced back on December 26 after a big week of outflows.
Fidelity’s FBTC led the way with $254.4 million in, Ark’s ARKB with $186.9 million and BlackRock’s IBIT with $56.6 million. Total inflows for the day were $475.2 million after outflows of $1.51 billion from December 19-24.
This is a sign of investor confidence after a volatile few weeks. Institutions are back in, and not just for Bitcoin ETFs. They’re also in for Ethereum ETFs which saw $117.2 million in inflows led by Fidelity’s FETH.
Bitcoin Struggles Despite Positive ETF Inflows
Bitcoin prices didn’t move much, trading at $94,975, down 3% on the day. Volumes were up 28% to a 24 hour high of $97,784 but overall sentiment is still bearish. BTC Futures Open Interest was down 3% over 4 hours, investors are cautious.
Analysts are split, some think it will go to $60,000 because Bitcoin lost key support. Others think it will recover on institutional adoption and long term demand.
Institutional Adoption Supports Long-Term BTC Outlook
Bitwise just filed a Bitcoin ETF to track companies like MicroStrategy and Metaplanet. As corporate treasuries get into Bitcoin the long term is good even if short term is tough.
Key Takeaways:
US Bitcoin ETFs saw $475M inflows on Dec. 26, led by Fidelity’s FBTC with $254M.
BTC prices dropped to $94,975 despite ETF inflows, reflecting near-term market caution.
Institutional adoption via ETFs and corporate treasuries fuels optimism for long-term BTC recovery.
