#Surge in Bitcoin ETF Fund Inflows#

Recent inflows into Bitcoin ETFs have surged, indicating continued institutional interest in cryptocurrencies. Data shows that on January 22, Bitcoin ETFs saw a net inflow of 6,719 BTC (approximately $701 million), with BlackRock's iShares Bitcoin ETF accounting for 6,208 BTC (approximately $648 million). Meanwhile, Ethereum ETFs saw a net inflow of 18,108 ETH (approximately $59.59 million). Additionally, Bitwise Bitcoin ETF's assets under management surpassed $4.5 billion, growing by about $500 million over the past two months. CME Bitcoin options trading displays the strongest bullish sentiment since Trump's election victory on November 5th, with option trading skewness rising to 4.4%, a new high since early November. Analysts believe that the continued inflow of institutional funds and reduced selling by long-term holders will create new upside potential for Bitcoin prices. It's worth noting that the total net asset value of Bitcoin spot ETFs is $123.59 billion, accounting for 5.88% of Bitcoin's total market capitalization, with a cumulative net inflow of $38.98 billion historically.