U.S. spot Bitcoin ETFs delivered a decisive signal on January 14, as fresh capital flowed back into the market at a scale that points to a meaningful shift in sentiment rather than short-term positioning.
Total net inflows for the day reached about $840.6 million, one of the strongest single-day readings this month, according to data from Farside Investors, while Bitcoin’s price rebounded to around $97,000.
Key Takeaways
About $840.6 million flowed into spot Bitcoin ETFs on January 14.
Nearly $1.6 billion in recent inflows has offset around $1.4 billion in early-January outflows.
Bitcoin is trading back near $97,000.
ETF inflows signal renewed institutional demand
The inflows were broad-based but clearly led by BlackRock’s IBIT, which attracted roughly $648 million in a single session. This is significant because IBIT has increasingly acted as the primary gauge of institutional interest in Bitcoin.
Fidelity’s FBTC added around $125 million, while products from ARK Invest, Franklin Templeton and Valkyrie also recorded positive flows. Even Grayscale’s GBTC, which has been a persistent source of selling pressure in recent weeks, showed signs of stabilization with modest inflows.
Flows reverse early-January weakness
The January 14 surge did not happen in isolation. One day earlier, on January 13, spot Bitcoin ETFs had already taken in about $753.8 million in net inflows. Combined, the two sessions brought nearly $1.6 billion back into ETF products.
This effectively offsets the heavy outflows seen between January 6 and January 9, when roughly $1.4 billion exited the market amid heightened volatility and risk-off positioning. From a flow perspective, the early-January drawdown has now largely been erased.
Technical momentum aligns with bullish sentiment
Bitcoin’s price action is reinforcing the improving tone. BTC has recovered to around the $97,000 area, and momentum indicators are confirming strength. On the 4-hour chart, the MACD has flipped firmly bullish, with the MACD line well above the signal line and the histogram expanding in positive territory. This setup typically reflects accelerating upside momentum rather than a late-stage rally.
The RSI adds further confirmation. Readings near the 69–70 zone point to strong bullish momentum without clear signs of exhaustion. In sustained uptrends, Bitcoin has often held elevated RSI levels for extended periods, suggesting trend strength rather than an imminent reversal. Combined with strong ETF inflows, this technical backdrop supports the view that sentiment has turned decisively constructive.
