Overview
- U.S. spot Bitcoin ETFs registered $753.7 million of net inflows on Jan. 13, the strongest daily total since October, with Fidelity’s FBTC taking $351 million, Bitwise’s BITB $159 million, and BlackRock’s IBIT $126 million.
- Bitcoin traded in the mid‑$90,000s and touched a multi‑month high, with gains extending to major tokens as ether rose roughly 6% and U.S. spot ether ETFs logged about $130 million in combined inflows.
- Derivatives markets saw heavy stress as roughly $690 million in short positions were liquidated over 24 hours, part of about $789 million in total liquidations, according to CoinGlass.
- Cooling U.S. inflation reinforced rate‑cut expectations and improved risk appetite, supporting the latest crypto rebound alongside renewed spot ETF demand.
- Analysts caution that fund flows remain volatile after early‑January outflows and say sustaining the move will depend on continued ETF buying, macro liquidity, and the absence of disruptive policy or geopolitical shocks.