Bitcoin is currently priced at $94,539, down -0.07% in the past 24 hours, while Ethereum trades at $3,266, down -0.50%. The Fear and Greed Index remains balanced at 61, indicating a neutral market sentiment despite recent price fluctuations. Spot bitcoin exchange-traded funds have changed the crypto landscape over the past year with billions of dollars of inflows. BlackRock’s IBIT fund set new records with $33.17B inflows, MicroStrategy co-founder Michael Saylor hinted at more bitcoin acquisitions, and Solana’s price action suggests a potential rally to $200. This article explores the highlights, volumes, and major moves that shaped these developments.
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Net outflows for spot Bitcoin ETFs this week amounted to $313.2 million, while spot Ethereum ETFs saw $185.8 million in outflows.
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BlackRock, MicroStrategy, and Fidelity have collectively purchased approximately $94 billion worth of Bitcoin in 2024.
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BlackRock Shatters Records with $33.17B Inflows
Read more: BlackRock Eyes Solana ETF: A Game-Changer for Crypto Adoption
Crypto Fear & Greed Index | Source: Alternative.me
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BlackRock Shatters Records of $33.17 billion Inflows
Source: The Block
One year ago, the Securities and Exchange Commission approved spot bitcoin ETFs on January 10, which began trading the next day. In the first month, they drew almost $38 billion in cumulative trading volume. Six months in, total volume hit about $323 billion, and one year later that figure soared past $660 billion.
“Central banks cutting interest rates created a favorable macroeconomic environment for bitcoin attracting capital as financial liquidity increased,” said 21Shares head of US business Federico Brokate.
BlackRock’s iShares Bitcoin Trust ETF (IBIT), ticker IBIT, outpaced competitors like Fidelity and Grayscale. Grayscale had converted into an ETF with about $29 billion in assets under management. But BlackRock’s fund grew so quickly that by early November it had net assets of $33.17 billion while BlackRock’s gold ETF, trading since 2005, had $32.9 billion.
Source: The Block
“IBIT’s growth is unprecedented. It’s the fastest ETF to reach most milestones faster than any other ETF in any asset class,” said Bloomberg ETF Analyst James Seyffart.
“Absolutely wild,” ETF Store President Nate Geraci said.
IBIT’s assets have now surpassed $50 billion in the past year, establishing it as the leader among spot bitcoin ETFs, followed by Fidelity’s at about $25 billion and Grayscale at about $20 billion. Options on IBIT launched in November 2024 and are already among the top dozen most actively traded equities, according to Greg Magadini from Amberdata.
Michael Saylor posts MSTR Bitcoin tracker for the 10th consecutive week and Hints at More BTC Acquisition
The MicroStrategy Bitcoin chart. Source: SaylorTracker
MicroStrategy (MSTR) co-founder Michael Saylor signaled another bitcoin purchase on January 13 by posting the MicroStrategy Bitcoin chart:
“Thinking about the next green dot on SaylorTracker,” he told his 3.9 million followers.
MicroStrategy holds 447,470 BTC worth about $42 billion with an unrealized gain of roughly $14 billion up 51% on its BTC holdings according to SaylorTracker. The company’s strategy of financing bitcoin through debt remains controversial as some view it as a leveraged bet on BTC.
In October 2024, Saylor introduced a “21/21 plan” that aimed to raise $21 billion each in equity and fixed-income instruments to acquire more bitcoin. In January 2025 MicroStrategy announced a possible $2 billion preferred stock offering to purchase even more BTC and strengthen its balance sheet. Critics warn a sudden drop in BTC’s price could harm MSTR’s share price but Saylor continues to expand bitcoin holdings regardless of volatility.
November 2024 - January 2025 MicroStrategy Bitcoin purchases. Source: SaylorTracker
Read more: MicroStrategy Acquires 21,550 More Bitcoin for $2.1 Billion
Solana (SOL) Price Eyes $200 as It Hits a Historical Rebound Zone
Solana is fighting to reclaim the $200 mark after falling about 15% to near $183. Net Unrealized Profit/Loss (NUPL) data shows SOL nearing the Fear Zone which often signals caution but can also spark price recoveries if investors see a strong rebound setup.
Solana’s Relative Strength Index (RSI) bounced from oversold levels last month. While RSI has yet to confirm a full bullish phase, a push above the 50.0 line could renew upside momentum. If Solana reestablishes $200 as support, analysts see a potential rise toward $221. A failure to hold $183 risks a dip to $169 which would stall recovery.
“Solana’s macro momentum is showing signs of recovery,” note on-chain observers. Investors are watching NUPL trends and RSI signals to gauge if SOL can sustain a rally. A firm reclaim of $200 may indicate a return to bullish territory.
Read More: Solana Price Prediction: Will SOL Overcome Current Hurdles to Reach $450?
Conclusion
Over the past year spot bitcoin ETFs attracted more than $660 billion in trading volume with BlackRock’s IBIT fund alone surpassing $33.17 billion in net assets in record time. Meanwhile Michael Saylor’s MicroStrategy tracks its BTC holdings at 447,470 coins worth about $42 billion and hints at further acquisitions. Solana’s price hovers near $183 hoping to reclaim $200 while its on-chain metrics suggest a potential rebound. Together these movements highlight the continued evolution of crypto markets where institutional products reach massive inflows, corporate treasuries deepen their BTC bets, and major altcoins seek to regain key support levels.
Read more: XRP Price Prediction 2025 - Could XRP Cross $8 in 2025?
