#Bitcoin ETF Inflows Surge#

Recently, Bitcoin ETF inflows have surged, reflecting continued institutional investor optimism in the cryptocurrency market. Data shows that on January 22nd, Bitcoin ETFs saw net inflows of 6,719 BTC, equivalent to $701 million, with BlackRock's iShares Bitcoin ETF accounting for 6,208 BTC, or $648 million. Meanwhile, Ethereum ETFs saw net inflows of 18,108 ETH, equivalent to $59.59 million. Additionally, the Bitwise Bitcoin ETF's market cap has surpassed $4.5 billion, a rise of approximately $500 million in the past two months. The CME Bitcoin options market exhibits the strongest bullish sentiment since the US presidential election, with a 30-day top skew of 4.4%, reflecting strong bullish sentiment. Analysts believe that continued institutional inflows and reduced selling by long-term holders will provide new upside potential for Bitcoin prices.