Bitcoin Today News: ETF attracts $750 million in a single day, hitting a three-month high! Is BTC poised to challenge $110,000?

The US spot Bitcoin ETF experiences a landmark capital inflow, with a single-day net inflow of up to $753.7 million on January 13, reaching a three-month high since October 2025.

Fidelity’s FBTC leads with $351 million in inflows, followed by Bitwise’s BITB and BlackRock’s IBIT, while Ethereum ETFs also recorded a net inflow of $130 million. This influx of capital coincides with macroeconomic positives such as the recent cooling of US inflation data and the end of year-end institutional portfolio rebalancing, driving Bitcoin’s price above the key resistance level of $96,000. This is not only a return of funds but also a strong signal of a fundamental shift in market sentiment and structural demand.

ETF Capital Surge: Institutional Investors End Wait-and-See, Demand Fully Rebounds

After months of silence, the US spot Bitcoin ETF market has once again sounded a triumphant note. According to authoritative data from SoSoValue, on Tuesday, January 14, this sector saw a net capital inflow of $753.7 million. This figure is significant; it not only marks the strongest single-day performance in the past three months but also reverses the outflow trend caused by tax-selling and risk-off sentiment at the end of 2025. Market analysts generally interpret this as a clear sign that institutional capital, after completing annual financial processes, is re-engaging in large-scale crypto asset allocation.

The flow of funds clearly reveals institutional preferences. Fidelity’s Wise Origin Bitcoin ETF was the biggest winner, attracting $351 million in a single day, demonstrating the strong appeal of traditional financial channels. Following closely are Bitwise Bitcoin ETF with $159 million and BlackRock’s iShares Bitcoin Trust with $126 million. This “multi-point flowering” inflow pattern indicates that demand is not concentrated on a single product but broadly recognizes the entire category of spot Bitcoin ETFs. Nick Rick, Research Director at LVRG Research, commented: “The capital inflow into Bitcoin ETFs signifies a revival of institutional demand, indicating that investors, after cautiousness and de-risking at year-end, are actively reallocating capital.”

Even more encouraging is that the market recovery is not limited to Bitcoin. Five US spot Ethereum ETFs collectively recorded a net inflow of $130 million on the same day, resonating with Bitcoin ETFs. This sends a key signal: the return of institutional funds is systemic, extending beyond pure Bitcoin exposure to include the entire core crypto asset class. Vincent Liu, Chief Investment Officer at Kronos Research, pointed out that this synchronized rise “is clearly driven by spot demand rather than leverage,” implying a healthier and more solid foundation for this rally. This price discovery driven by genuine spot buying, compared to past bubbles inflated by derivatives leverage, is undoubtedly more sustainable.

Key Data on US Spot Cryptocurrency ETF Capital Inflows on January 13

Total Net Inflow into Bitcoin ETFs: $753.7 million (highest since October 7, 2025)

Fidelity FBTC Inflows: $351 million

Bitwise BITB Inflows: $159 million

BlackRock IBIT Inflows: $126 million

Total Net Inflow into Ethereum ETFs: $130 million (across five products)

Market Immediate Reaction: Bitcoin up about 3% in 24 hours, Ethereum up over 6%

Macro Wind: How Cooling Inflation Injects Confidence into the Crypto Market

The recent strong rebound in the crypto market is not an isolated technical correction but is supported by solid macroeconomic logic. The most immediate catalyst is the latest US Consumer Price Index (CPI) data. The report shows that, although prices remain high, inflation pressures have significantly eased from their peak, aligning with market expectations. For highly sensitive financial markets, “meeting expectations” is a tangible positive, greatly reassuring investors about the possibility of the Federal Reserve shifting away from aggressive tightening.

The clarity in inflation trends directly impacts the global asset pricing anchor—interest rate expectations. The market has strengthened its view that the Fed will start a rate cut cycle later this year. In an environment of low or declining interest rates, the opportunity cost of holding assets like Bitcoin that do not generate cash flow diminishes. Additionally, abundant liquidity environments tend to favor risk assets. As Justin Durnan, Head of North Pole Digital Research, stated, the inflation report provides a “tailwind” for Bitcoin, and current geopolitical tensions and discussions about the Fed’s independence highlight the relative value of “safe-haven and hard assets versus the dollar.” This macro narrative positions Bitcoin both as a “risk asset” and “digital gold,” attracting funds with different risk preferences.

Beyond monetary policy expectations, regulatory developments also boost market sentiment. The US Senate Banking Committee is preparing to review and vote on a key market structure bill. While the path remains long, this legislative progress signals a positive attitude from US policymakers toward the crypto industry: the long-standing uncertainties hindering the industry may gradually diminish. The macro environment’s improvement and regulatory prospects together form a strong “tailwind,” explaining why ETF capital is flowing in at this time and providing macro-level justification for Bitcoin’s breakthrough of key resistance levels.

Technical Breakthrough: Can Bitcoin Break $110,000 with the “Ascending Triangle”?

When macro positives meet a favorable technical structure, markets can unleash remarkable energy. Bitcoin’s current price action exemplifies this classic market principle. On the daily chart, a clear “ascending triangle” pattern has been forming since late November 2025. This pattern consists of an upward-sloping support line (connecting higher lows) and a nearly horizontal resistance line (around $95,000 to $97,000), typically viewed as a bullish continuation pattern, indicating increasing buying pressure on each dip.

This week, Bitcoin’s price surged with volume beyond the upper boundary of this triangle, a decisive technical event. After breaking out, the price is testing this former resistance as new support—a textbook confirmation of a healthy breakout. Technical analysis suggests that if the breakout is valid, the minimum subsequent upside target is approximately the maximum vertical height of the triangle pattern. Based on this, the current upward target for Bitcoin is in the $107,000 to $110,000 range. Currently, the Relative Strength Index (RSI) is in an upward channel but not overbought, and the price is attempting to recover key short- and medium-term moving averages, supporting the continuation of the uptrend.

Of course, technical analysis is not crystal ball prophecy; it provides probabilistic paths. The key test now is whether Bitcoin can hold above the upper boundary of the triangle (the new support). If a successful retest confirms the breakout, upward momentum could accelerate, and reaching $110,000 will become a market consensus. Conversely, if the price falls back inside the triangle, it may signal a failed breakout, and the market could re-enter a consolidation range of $92,000 to $90,000. Based on current volume and sentiment, the probability of a confirmed breakout is increasing, but traders should remain highly attentive to this critical threshold.

Market Sentiment and Future Outlook: Derivative Liquidations and Regulatory Impact

The market’s enthusiasm is reflected not only in spot prices and ETF flows but also in the derivatives market. According to CoinGlass, in the past 24 hours, about $270 million worth of Bitcoin short positions were forcibly liquidated. When considering the entire crypto market, total liquidations of short positions reached approximately $600 million. This massive short squeeze has been a key driver of rapid price increases. Vincent Liu of Kronos Research explicitly stated, “The unwinding of over-leveraged short positions further accelerates price action,” creating a short-term positive feedback loop of “rising begets rising.”

While such intense liquidations push prices higher, they are a double-edged sword. On one hand, they clear out weak-handed bears, reducing resistance for further gains; on the other, they significantly increase short-term volatility. For investors, this means enjoying the upside while being prepared for potential sharp corrections, especially when speculative sentiment is overly exuberant. Joshua Lin, Co-Head of Global Markets at FalconX, believes that current macro developments—from the Venezuela situation and Iran unrest to Fed events—constitute ongoing “positive catalysts” for Bitcoin, but the market still needs to digest these factors.

Looking ahead, the future trajectory of Bitcoin and the broader crypto market will depend on the interplay of several core factors. The primary one remains the macro monetary policy path; any data indicating persistent inflation or overheating employment could disrupt expectations of rate cuts. Second, the progress of US crypto regulation legislation will be crucial in determining whether institutional capital can enter long-term with confidence. Lastly, whether Bitcoin spot ETF capital inflows can sustain beyond single-day pulses will directly influence the magnitude and duration of this rally. Before crossing the $100,000 psychological threshold, the market may still need more “$750 million days” to build confidence and momentum. Regardless, the exciting start to 2026 indicates that the crypto market’s connection with macroeconomics has never been closer, and its narrative as a mainstream asset class continues to validate itself.