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Bitcoin Nears $98,000 on Biggest U.S. Spot ETF Inflows in Three Months

ETF buying signals renewed institutional demand.

Overview

  • U.S. spot Bitcoin ETFs drew $753.7 million on Jan. 13, the strongest daily net inflow since October 2025, with Fidelity, Bitwise, and BlackRock leading the intake.
  • Bitcoin climbed into the high $97,000s, its highest intraday level since Nov. 14, as derivatives data showed about $690 million in short positions and roughly $789 million in total crypto liquidations over 24 hours.
  • Aggregate assets in U.S. spot Bitcoin ETFs have risen to about $123 billion, equal to roughly 6.5% of Bitcoin’s market value, according to market-data estimates.
  • A reported corporate purchase of 13,627 BTC (approximately $1.25 billion) by Strategy added to signs of large-scale accumulation alongside the ETF bid.
  • Cooler U.S. inflation and geopolitical tensions provided a supportive backdrop, though analysts caution flows can reverse quickly even as prediction markets place elevated odds on a test of $100,000.