This week, Bitcoin spot ETFs increased their holdings by 16,997.95 BTC, of which BlackRock IBIT accounted for 68%.

Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X that BTC ETFs have all seen net inflows this week, with a total weekly net inflow of $1.759 billion and an increase of 16,997.95 BTC. With Trump taking office on Monday, market sentiment continues to rise with FOMO. BlackRock in particular has increased its holdings by 12,708.5 this week, accounting for 68% of the total increase. The current price is fluctuating around 104,500, and the greed index is 73.

Its analysis pointed out that Trump abolished SAB121 after taking office, which will boost the development of the market in the future, and it is expected that BTC will hit $110,000 again.