Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $242 million. Although these instruments started 2025 on the wrong foot, the price of the digital currency remained above $96,000.
The main news on the first day of the year was that the iShares Bitcoin Trust (IBIT), the largest fund in the world managed by BlackRock, recorded money outflows of more than $332 millionthe highest figure since its market launch.
In this way, it left behind the record of expenditures of more than 188 million dollars, which was registered on December 23.
The other ETF that also had a negative performance on the first day of the year was the Grayscale Bitcoin Trust (GBTC), which recorded outflows of $23 million.
For its part, the Bitwise Bitcoin ETF (BITB) reported inflows of $48 million, while the Fidelity Wise Origin Bitcoin Fund (FBTC) reported positive capital flows of $36 million.
The ARK 21Shares Bitcoin ETF (ARKB), Grayscale Bitcoin Mini Trust (BTC), and VanEck Bitcoin ETF (HODL) funds had inflows of $16 million, $6 million, and $5.51 million, respectively.
The funds Hashdex Bitcoin ETF (DEFI), WisdomTree Bitcoin Trust (BTCW), Franklin Templeton Digital Holdings Trust (EZBC), Invesco Galaxy Bitcoin ETF (BTCO) and Valkyrie Bitcoin Fund (BRRR) closed the day without reporting inflows or outflows of money.
According to data from SosoValue, The 12 financial instruments based on bitcoin accumulate more than 35 billion dollars.
The price of the currency created by Satoshi Nakamoto remained above $96,000, despite the outflows into ETFs.
At the time of publication of this note, its price is $96,430.
As explained in Criptopedia, the educational section of NoticiasVE, ETF performance has a direct impact on the price of the underlying assetin this case, BTC.
Due to their operation, companies are required to keep BTC in their treasuries to support their actions.
These operations They reduce the amount of bitcoin available on the market, causing its price to rise or fallby simple law of supply and demand
Now, it is worth asking why the ETFs of the most valuable asset on the market are not having a full impact on the price of BTC.
First of all, it must be noted that a large part of investors maintains a bullish sentiment for 2025.
As occurred historically, BTC reached its maximum peak during the year after the halving, the event that occurs every 4 years, which reduces the issuance of the digital currency by half. This drives the rise in the price of the asset due to greater demand.
For that reason, it is a bullish market fundamental that attracts new investors.
In turn, expectations are set on January 20, the date on which Donald Trump will take office as president of the United States. The event generates enthusiasm among traders for the promises that the Republican leader made throughout his campaign, such as promoting a cryptocurrency sector-friendly regulation and the creation of a strategic BTC reserve. This could boost demand at the nation-state level, producing a supply shock and driving up the price of BTC.