After a brief downturn, the U.S. spot Bitcoin ETF market is back heavy. New data reveals that these investment vehicles took net inflows worth more than $755 million on January 15. The surge came at the end of a four-day string of outflows that had pulled about $1.2 billion out of the funds.

Key-takeaways:

• Bitcoin ETFs got an extra $755 million worth of new investments after a four-day slide, with Fidelity’s FBTC topping the list at $463 million.
• The U.S. inflation data saw positive signs as Core CPI fell to 3.2% and Bitcoin hit a new record at $100,702.
• Bitcoin ETFs trading volume reached a total of $3.18 billion as all investment products saw positive inflows.

Bitcoin ETF Market Participation

In this recovery, FBTC from Fidelity was the standout outperformer. Impressive was also the $463 million it brought in, its strongest raise since March. The ARKB fund, which is run by ARK and 21Shares, took in $139m in new investments, second behind it.

But the market revival didn’t benefit just a few players. Seven other Bitcoin ETFs would make a positive contribution to the trend, yet have significant inflows. GBTC from Grayscale brought in $50.54 million, BITB from Bitwise, and IBIT from BlackRock brought in $32.69 million and $31.86 million, respectively. Combined, Bitcoin ETFs traded $3.18 billion, up from $2.23 billion traded the day prior.

Bitcoin ETF Inflows as an Achievement

A historic moment for Bitcoin also coincided with a renewed interest in the ETF space. On January 16, the leading cryptocurrency briefly reached $100,702. The total crypto market value reached $3.63 trillion at the time of writing, which is the company’s latest milestone that came while markets were strong globally.

Encouraging U.S. inflation data spurred a surge in both ETF inflows and Bitcoin prices. Consumer prices rose a monthly 0.4 percent and 2.9 percent annually in December, as forecast. Core CPI also showed signs of cooling inflation with a 0.2 percent monthly rise. The annual rate was 3.2%, snapping its longest downturn since 1993 and beating market expectations of 3.3 percent.

Ethereum ETFs Join the Rally

Which spread to Ethereum-based products as well. On January 15, the Ethereum ETFs rushed to take in $ 60 million in inflows. That was up from a day ago when it was $1.15 million. With $29.32 million in new investments, FETH led this category from Fidelity. Almost $20 million in inflows then came in behind BlackRock’s ETHA.

Conclusion: Bitcoin ETF flows in the Cryptocurrency Market

These investment vehicles have now taken in total net inflows of $2.47 billion. Bitcoin continued to show strong momentum with a price close to $99,359 and Ethereum added a punch with a growth of $3,366.

With that favorable inflation data, combined with the renewed interest in crypto ETFs, the market is maturing. The acceptance of digital assets as legitimate investment vehicles is growing mainstream, as these developments indicate. How do you feel about this? Let us know in the comments.