#Bitcoin ETF Inflows Surge#

Recent surge in Bitcoin ETF inflows reflects strong bullish sentiment in the crypto market. According to Lookonchain, Bitcoin ETFs saw a net inflow of 6,719 BTC (approximately $701 million) on January 22, with BlackRock's iShares Bitcoin ETF accounting for 6,208 BTC (approximately $648 million), bringing its total holdings to 569,343 BTC (approximately $59.4 billion). Furthermore, the market cap of Bitwise Bitcoin ETF surpassed $4.5 billion, marking an increase of roughly $500 million in the past two months. CME Bitcoin options trading exhibits the strongest bullish sentiment since Trump's election victory on November 5, with the options trading skew reaching 4.4%, a new high since early November. Analysts believe that the continued inflow of institutional funds and reduced selling by long-term holders will create new upward momentum for Bitcoin prices.