Spot Bitcoin ETFs experienced a breakthrough year in 2024, attracting 129 billion USD in inflows and reshaping investment dynamics. This achievement marked a shift from the consistent SEC rejections since 2013, creating significant buying pressure that influenced Bitcoin’s price and liquidity. This success sets the stage for potentially surpassing these milestones in 2025.

Unlike futures-based ETFs, spot ETFs directly hold Bitcoin, which can significantly impact market prices and liquidity, creating immediate buying or selling pressure. By year-end 2024, inflows exceeded expectations, with notable examples being BlackRock’s IBIT, amassing 37.2 billion USD, and outperforming long-standing ETFs, reflecting Bitcoin’s growing appeal as ‘digital gold.’

Initial data for 2025 suggests continued strong interest, with 1.1 billion USD inflows recorded. Political and financial spheres acknowledge Bitcoin’s potential, possibly extending this momentum to other cryptocurrencies. Discussions on potential Solana and Ripple ETFs highlight this interest, while the market awaits possible developments like Vanguard entering the crypto space.