• Bitcoin ETFs saw $5 billion in inflows in January, with expectations for $50 billion in 2025.
• Market turbulence may lead to short-term outflows from Bitcoin ETFs, with Ethereum showing resilience.

Despite the broader crypto market downturn triggered by the ongoing tariff war, spot Bitcoin [BTC] exchange-traded funds (ETFs) have demonstrated remarkable resilience.

Recent data from SoSo Value shows that BTC ETFs recorded $318.56 million in inflows on the latest trading day alone.

Marking a strong start to 2025, U.S. spot Bitcoin ETFs have attracted nearly $5 billion in inflows throughout January.

Remarking on the same, Bitwise Investment Chief Matt Hougan suggested on X (formerly Twitter),

“So far, so good: Spot bitcoin ETFs pulled in $4.94 billion in January, which annualizes to ~$59 billion. For context: In all of 2024, they brought in $35.2 billion.”

Reflecting on 2024’s performance, Hougan and Bitwise’s Head of Research, Ryan Rasmussen, noted that Bitcoin ETFs surpassed expectations. The assets ended the year with $33.6 billion in inflows, well above the initial forecast of $15 billion.

They foresee 2025 surpassing this figure, indicating a bullish outlook for the sector.

As expected, BlackRock’s IBIT led the pack in January with $3.2 billion in net inflows, followed by Fidelity’s FBTC, which attracted $1.3 billion.

Among the 11 Bitcoin ETFs tracked in January, Bitwise’s BITB ranked fifth, with over $125 million in net inflows, behind Grayscale’s GBTC, which garnered $398.5 million.

Despite strong inflows into spot Bitcoin ETFs, recent market turbulence, particularly following the launch of DeepSeek and the tariff war, has triggered significant sell-offs across the crypto sector.

Bitcoin, which was trading near $100,000, has declined to $95,193.28, marking a 3.33% drop in the past 24 hours according to CoinMarketCap.

This downturn could lead to a temporary period of outflows from BTC ETFs as the market attempts to recover.

Additionally, Ethereum ETFs have also experienced some upward movement, though not as sharply as Bitcoin.

As per Farside Investors, ETH ETFs recorded $27.8 million in inflows on the latest trading day. 

As the crypto market navigates uncertainty from recent events, the trajectory of Bitcoin ETFs remains in question.

The coming days will reveal whether the momentum can hold or if further volatility will cause a shift in investor behavior.