- Spot Bitcoin ETFs saw nearly $913M in inflows Tuesday, the biggest since January, as investor confidence returned.
- BlackRock’s IBIT and ARK’s ARKB led the surge, boosted by Bitcoin’s price nearing $94K and Trump’s softened trade stance.
- New SEC Chair Paul Atkins will review 70+ crypto ETF filings, signaling a potential flood of new crypto investment products.
On Tuesday alone, nearly $913 million poured into spot Bitcoin exchange-traded funds, making it the biggest daily inflow since back in mid-January. This rally came right as Bitcoin started flirting with new highs, and, interestingly enough, as President Trump hinted at cooling down the tariff tiff with China. Coincidence? Probably not.
“The spot Bitcoin ETFs went Pac-Man mode yesterday,” said Bloomberg ETF whisperer Eric Balchunas on X (and yes, that’s a real quote).
This surge is part of a broader bounceback in crypto funds that kicked off last week. On Monday, they saw another $381M in flows, which—when stacked with Tuesday—makes this a solid two-day streak of green candles for ETF watchers.
“Nice to see depth here,” Balchunas added. “Not just one fund doing all the heavy lifting.”
At last check, Bitcoin was dancing around $93,225, up nearly 2% in 24 hours, and almost 14% over the last two weeks. Not too shabby.
A Quick Flashback…
Last time Bitcoin ETFs saw a day like this? January 17. That was just before Donald Trump’s second inauguration—and yep, they took in over $1 billion that day. Wild.
ETFs like IBIT let regular folks grab a slice of Bitcoin right from their brokerage apps, no wallets or keys needed. That simplicity has helped them rake in over $36 billion in total assets since launching just 15 months ago.
IBIT even smashed records, hitting $10 billion in assets faster than any other ETF in the 32-year history of the sector.
But not everything’s been smooth sailing. Bitcoin ETFs started bleeding assets shortly after Trump took office, as markets got nervous about inflation and slower growth. BTC even dipped below $75K earlier this month, tracking more like a tech stock than a hedge.
Still, things flipped fast. Remember: Bitcoin nearly touched $109K on Inauguration Day. And Trump’s White House has been delivering on pro-crypto promises—loosening regs, encouraging innovation, and all that jazz.
What’s Next?
Oh, and get this—new SEC Chair Paul Atkins is walking into a tsunami of crypto ETF filings. More than 70 applications are stacked up, from Solana to XRP to—you name it. It’s gonna be a packed year, folks.
As for where Bitcoin heads next? That depends. With ETFs heating up again and Trump maybe backing off on trade war theatrics, investors seem to be leaning risk-on. Whether BTC can keep its rally going… well, that’s a whole other story.
But for now? Feels like the bulls are back in town.
