Weekly Bitcoin ETF inflows resume with $2.73b, BTC to $200k?

Bitcoin exchange-traded funds saw a positive shift this week, attracting $2.73 billion in inflows; Analysts expect even greater momentum as Bitcoin manages to surpass $100,000.

12 Bitcoin ETFs posted positive inflows throughout the week, driven by optimism about a more crypto-friendly regulatory environment under President Donald Trump, who recently appointed pro-crypto former federal regulator Paul Atkins to head the SEC, replacing anti-crypto Gary. Gentes.

The highest inflow of the week ($766 million total) was recorded on December 5, marking a 50% increase in daily ETF trading volume as Bitcoin broke the $100,000 mark and rose to an all-time high of $103,679. It is widely celebrated by the crypto community.

However, inflow into spot BTC ETF offerings fell to $376.59 million on Friday, December 6; The flagship crypto asset, Bitcoin, fell below $97,000 and the market experienced liquidations of more than half a billion dollars in a single day.

ETF entries

Weekly inflows reached $2.73 billion, the second-best week for these investment vehicles, surpassing the all-time high of $3.38 billion in the record-breaking week of November 18-22.

While BlackRock’s IBIT led in inflows for the sixth day in a row, coming in first with $257.03 million on Friday, December 6, only four of the twelve funds managed to attract capital per data from SoSoValue.

Inflows to the remaining ETFs are as follows:

Fidelity’s FBTC: $120.17 million. ARKB of ARK and 21Shares: $24.9 million. Grayscale Bitcoin Mini Trust: $6.75 million.

Grayscale’s GBTC was the only outlier of the day; It recorded an exit of $32.3 million, extending its streak to four out of five days a week, with a total of $303.5 million exiting the fund. The remaining seven BTC ETFs saw zero flows.

Despite a drop in inflows over the weekend, US Bitcoin ETFs amassed more than 1.104 million tokens within a year of launch, surpassing Satoshi Nakamoto’s stock of 1.1 million tokens.

Experts predict that US institutional interest in Bitcoin through ETFs and corporate treasuries will continue to grow, leading to global adoption of the broader digital asset ecosystem.

Hex Trust CEO Alessio Quaglini suggests that this trend could spark competition between nation states to acquire Bitcoin. Similarly, Petr Kozyakov, co-founder and CEO of Mercuryo, told crypto.news that digital assets are evolving from speculative investments to widely adopted transformative technology.

Bitcoin Could Rise to $200 Thousand by 2025

Weekly inflows into Bitcoin ETFs also helped Bitcoin rise above the $100,000 level last week; Experts predict that the leading cryptocurrency will surge even higher.

In a recent note, Standard Chartered’s head of global digital asset research, Geoff Kendrick, predicted that Bitcoin could reach $200,000 by the end of 2025.

“We would be even more bullish if BTC sees faster uptake by US pension funds, global sovereign wealth funds (SWFs) or a potential US strategic reserve fund,” he added.

Analysts at Bitwise also made similar predictions, citing increasing institutional demand and decreasing Bitcoin supply due to the popularity of Bitcoin ETFs as key factors.

Despite bullish predictions, some industry experts called for caution.

Mike Novogratz, president of digital crypto bank Galaxy Digital, warned of possible market corrections during Bitcoin’s rise. According to him, many market participants are “pressing to their gills” and therefore volatility is expected.

Chris Burniske, a partner at Placeholder, recently expressed similar concerns, urging investors to keep their expectations in check and noting that the 2021 bull market is a cautionary tale.

“Bitcoin’s brief rise above $100,000 may not be sustainable in the short term,” Burniske explained, adding that inflated expectations in 2021 saw Bitcoin peak at $70,000 instead of the expected $100,000.

At the time of writing, Bitcoin (BTC) was just 0.4% away from reaching $100,000 again. It was trading at $99,580, up 1.4% in the last 24 hours.