Bitcoin is currently priced at $99,286, up +1.67% in the past 24 hours, while Ethereum trades at $3,649, down +0.67%. The Fear and Greed Index increased to 76 (Extreme Greed) today reflecting bullish market sentiment. The crypto market has reached a pivotal moment. Spot Bitcoin ETFs have climbed into the top 20 by yearly inflows making an astounding 4.6% of total inflows in 2024. MicroStrategy has teased another major Bitcoin purchase. Dogecoin has rallied by 21%. President-elect Donald Trump's pro-crypto stance is adding further excitement. This article examines how these developments are shifting the digital asset and crypto landscape.
What’s Trending in the Crypto Community?
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Polymarket's total trading volume in 2024 exceeded $9 billion.
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The Usual stablecoin USD0 surpassed FDUSD entering the top five stablecoins by market cap.
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Polymarket predicts a 53% probability that a Solana ETF will be approved by the end of July this year.
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MARA CEO: Fred Thiel said MARA will continue to increase Bitcoin holdings on its balance sheet in 2025.
Read more: What Is Polymarket Decentralized Prediction Market, and How Does It Work?
Crypto Fear & Greed Index | Source: Alternative.me
Trending Tokens of the Day
Top 24-Hour Performers
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Trading Pair |
24H Change |
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-0.85% |
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+6.03% |
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-1.18% |
Spot Bitcoin ETFs Enter Top 20 in 2024 while Capturing 4.3% of Total Inflows
Source: Bitwise
BTC ETF performance this year was unlike anything on record. Bitwise Invest projects that over $35B USD will flow into Bitcoin ETFs in 2025 outpacing 2024. In less than a year since launch IBIT and FBTC have secured positions among the top 20 exchange-traded funds by yearly flows. They amassed 49 billion USD and represented 4.3 % of total inflows in 2024. Bloomberg ETF analyst Eric Balchunas highlighted how BlackRock’s IBIT registered the third-largest inflow last year with over 37 billion USD in capital. IBIT’s assets under management total about 52 billion USD. Two other S&P 500 ETFs outpaced IBIT. The iShares Core S&P 500 ETF IVV registered about 87 billion USD in flows. Vanguard S&P 500 ETF VOO surpassed 116 billion USD.
Fidelity’s FBTC placed 14th with 11.8 billion USD in yearly flows. FBTC’s AUM stands near 19 billion USD. The combined net flows of FBTC and IBIT represent 4.3 % of the ETF market's 1.14 trillion USD inflows. Both funds reached this milestone with less than one year in operation. US-traded Bitcoin ETFs including spot derivatives and leverage recently surpassed gold ETFs’ total AUM in mid-December.
Read More: What Is a Bitcoin ETF? Everything You Need to Know
A Massive Influx of Capital in BTC
Bitcoin staged a powerful comeback in 2024 after two years of decline. The network recorded over 19 trillion USD in transactions more than double the 8.7 trillion USD total from 2023. According to Pierre Rochard Vice President of Research at Riot Platforms “this figure decisively proves that bitcoin is both a store of value and a medium of exchange.”
This dramatic rise in activity did not happen by chance. The approval of Bitcoin ETFs in the United States opened the floodgates to institutional investors. Demand for BTC payments also intensified as the Lightning Network reduced costs and accelerated transactions. In this environment bitcoin is not just a speculative asset. It is evolving into a global financial infrastructure capable of handling colossal transaction volumes with unmatched security.
Read more: Bitcoin vs. Gold: Which Is a Better Investment in 2025?
Trump and Presidential Pro-Crypto Outlook
President-elect Donald Trump’s pro-crypto stance has sparked optimism among analysts who see an even friendlier environment for Bitcoin ETFs. Bitwise estimates 35 billion USD will flow into Bitcoin ETFs in 2025. That would bring more than 70 billion USD in total inflows in under two years. Balchunas and Bloomberg ETF analyst James Seyffart predict a wave of new ETF approvals ahead. Yet industry giants like IVV and VOO remain formidable leaders.
Adam Back co-founder and CEO of Blockstream asked Balchunas if a spot Bitcoin ETF could secure the top position in inflows this year. Balchunas responded
“Maybe… VOO will be very tough to beat by anyone let alone a newcomer like IBIT. It’s almost like a public utility at this point. Gas, electricity and VOO.”
Read More: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption
MicroStrategy Signals More Bitcoin Purchases
MicroStrategy’s Bitcoin purchases September 2020 to January 2025. Source: SaylorTracker
MicroStrategy co-founder Michael Saylor posted the SaylorTracker chart to 3.9 million followers on X. “Something about SaylorTracker.com is not quite right,” he teased.
This hint echoed a post one week prior on Dec 29, 2024. The next day MicroStrategy purchased 2138 BTC for 290 million USD. The company continues its 21/21 plan to secure 42 billion USD in Bitcoin by offering 21 billion USD in equity and 21 billion USD in fixed-income securities.
Read more: MicroStrategy Hits $27B in BTC, Tether Invests $775M in Rumble, Cathie Wood Eyes $1M BTC: Dec 23
Dogecoin Jumps 21%, Galaxy Digital Predicts $1 DOGE
Dogecoin Whale accumulation taking place | Source: Ali Martinez on X
Dogecoin rose 21% over the past week. It is now at 0.38 USD outperforming Shiba Inu at 0.00002349 USD, Pepe at 0.00002043 USD and Bonk at 0.00003356 USD. DOGE peaked at 0.39 USD. On Jan 3 whales scooped up 1.08 billion DOGE worth 413 million USD. A single transfer of 399.9 million DOGE about 144.9 million USD moved from Binance to an unknown wallet. This often signals reduced selling pressure.
Galaxy Digital head of research Alex Thorn believes DOGE may surge another 170% to finally reach 1 USD. He predicts a 100 billion USD market cap for the oldest memecoin. Historically, whale activity has often foreshadowed large price shifts and Dogecoin's current situation appears similar. If DOGE sustains its position above 0.31 USD the stage for a big rally strengthens. A drop below that level could open a path for more downside and heightens the urgency of this consolidation phase.
“Dogecoin will finally hit $1 USD with the world’s largest and oldest memecoin touching a 100bn market cap.”
Dogecoin’s price surged 21% over the past week, peaking at $0.39. Source: KuCoin
Conclusion
Spot Bitcoin ETFs have disrupted the ETF market with near-record inflows. President-elect Trump’s pro-crypto stance hints at even stronger demand ahead. MicroStrategy’s consistent purchases underscore institutional faith in BTC. Meanwhile Dogecoin is proving its enduring appeal with whale activity and bullish predictions. This wave of spot ETFs, new inflows and token rallies reflects a rapidly changing digital asset environment that continues to attract global attention.
Read more: Crypto Market Outlook 2025: Top 10 Predictions and Emerging Trends
