Bitcoin ETFs See $340.7 Million Inflows Following Trump’s Tariff Delay

Highlights:

• Bitcoin ETFs see $340.7 million inflows after Trump delays tariffs on Canada and Mexico.
• BlackRock’s IBIT leads with a $249 million inflow, signaling strong investor interest.
• Bitcoin ETFs hit $40 billion in inflows, reflecting growing investor confidence in crypto.

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have seen net inflows again after President Donald Trump decided to delay tariffs on Canada and Mexico for a month following talks with their leaders. Data from Farside Investors shows that on February 4, the 12 spot Bitcoin ETFs saw a net inflow of $340.7 million. This marks a reversal from February 3’s $234.4 million in net withdrawals.

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The largest contributor to the inflow was IBIT, which saw $249 million, showing strong interest from investors. ARKB followed with $56.1 million, and BITB added $16.1 million. However, GBTC saw an outflow of $19.5 million, indicating a shift in investor preference. The other ETFs, including FBTC, BTCO, EZBC, BRRR, HODL, BTCW, and BTC, reported no net flows on that day.

Bitcoin’s Surge Driven by Trump’s Tariff Delay and Executive Order

These inflows came after President Trump reached an agreement to postpone the contentious 25% tariffs for a month. After the news, Bitcoin briefly regained the $100,000 mark on February 4, with Ethereum, Solana, XRP, and Dogecoin also experiencing notable gains, suggesting a possible bullish comeback. The recovery follows a market-wide drop that resulted in over $2 billion in liquidations in the crypto derivatives market on Monday after Trump’s tariff announcement on Canada, Mexico, and China.

In addition, Trump signed an executive order to create a unique sovereign wealth fund, which has fueled speculation in the crypto community that the U.S. might use the fund to buy Bitcoin.

In a recent press conference, David Sacks discussed the administration’s approach to digital assets, emphasizing President Trump’s directive to assess the feasibility of a Bitcoin reserve. At the time of writing, Bitcoin was trading at $97,718, reflecting a 0.73% decrease over the past day.

Bitcoin ETFs Surge as January Sees Record Inflows

The Kobeissi Letter highlighted that January saw net inflows of approximately $4.5 billion, marking one of the strongest months ever. Since their introduction in January 2024, Bitcoin ETFs have accumulated over $40 billion in total inflows, pushing assets under management (AUM) past $125 billion for the first time.

The Kobeissi Letter noted that Bitcoin ETF holdings have doubled in just four months, reflecting growing investor confidence in crypto-related financial products. This swift increase brings Bitcoin ETFs closer to the long-established spot gold ETFs, which have been traded for over 20 years. The comparison implies that Bitcoin is gaining recognition as a credible store of value, akin to gold.

BREAKING: US Bitcoin ETFs attracted ~$4.5 billion in net inflows in January, one of the best months on record.

Since the January 2024 ETF launch, net inflows have exceeded $40 billion.

As a result, assets under management in Bitcoin ETFs have surpassed $125 billion for the… pic.twitter.com/s8GzSKUYFV

— The Kobeissi Letter (@KobeissiLetter) February 4, 2025

In January, Bitcoin ETFs attracted nearly $1 billion over just two days, with BlackRock’s IBIT leading the charge at $685.3 million. Despite some volatility, Bitwise CIO Matt Hougan remains positive, predicting ETF inflows could surpass $50 billion by year-end. Although there were occasional outflows, the overall trend reflects increasing institutional interest in Bitcoin ETFs.

It's worth noting, there's significant month-to-month volatility in flows. Still, I think we end the year north of $50b.

Jan 2024: $1.5b
Feb 2024: $6.0b
Mar 2024: $4.6b
Apr 2024: (-$0.3b)
May 2024: $2.1b
Jun 2024: $0.7b
Jul 2024: $3.2b
Aug 2024: (-$0.1b)
Sep 2024: $1.3b
Oct.…

— Matt Hougan (@Matt_Hougan) February 1, 2025

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