Bitcoin ETF Inflows Slip Post-Trump Inauguration

Bitcoin ETF inflows slowed down in the U.S. last week, despite optimism following President Donald Trump's inauguration. According to data from SoSoValue, the 12 spot Bitcoin ETFs attracted approximately $1.76 billion from investors, a 10.5% decrease from the previous week's $1.96 billion.

On Jan. 17, these investment products drew over $1 billion, their highest inflow since the beginning of the year. However, inflows began declining after Trump's inauguration on Jan. 20. On the first business day after the inauguration, the BTC ETFs attracted $802.5 million, with BlackRock's IBIT leading the group at $661.9 million. The following two days saw much lower net inflows, at $248.65 million and $188.65 million, respectively. However, the trend reversed on Jan. 24, with $517.67 million flowing into the funds.

Fidelity's FBTC led the pack on Jan. 24, drawing in $186.07 million, followed by ARK 21Shares' ARKB and BlackRock's IBIT, with inflows of $168.71 million and $155.69 million, respectively. Grayscale Bitcoin Mini Trust and WisdomTree's BTCW saw more modest inflows, while Bitwise's BITB was the only outlier with $8.6 million withdrawn.

The decline in weekly inflows coincided with a shift in Bitcoin's price momentum following President Trump's signing of an executive order on Jan. 23. The order established a working group focused on digital assets but fell short of expectations within the crypto community, as it did not propose the establishment of a strategic Bitcoin reserve.

At press time, Bitcoin (BTC) is down 4.5% over the past day and 1.4% over the past week, retracing toward the critical $100k psychological support level. Many experts believe this level is essential for Bitcoin to regain momentum and chart a path toward a new all-time high.