Flows into U.S. spot bitcoin exchange-traded funds have tapered off over the past week, in stark contrast to expectations from the cryptocurrency community following the inauguration of President Donald Trump.

according to Data From SoSoValue The 12-point Bitcoin ETFs saw inflows slow over the past week, attracting roughly $1.76 billion from investors — roughly 10.5% less than the $1.96 billion recorded the previous week.

These investment products It is said It attracted more than $1 billion on January 17, its highest inflow since the beginning of the year, just before Trump's presidential inauguration. However, to the surprise of the cryptocurrency community, inflows into Bitcoin ETFs began to decline in the days following Trump's inauguration on January 20.

It is worth noting that on the first working day after Trump took office, these investment tools were able to attract investors $802.5 million From investors, BlackRock's IBIT led the group with $661.9 million. Net inflows for the next two days were reportedly much lower, at $248.65 million and $188.65 million, respectively. However, the trend of decreasing inflows appears to have reversed on Friday, January 24, as Bitcoin ETFs saw $517.67 million flow into the funds.

Interestingly, Fidelity's FBTC led the pack today, attracting $186.07 million from investors. This was closely followed by ARKB from ARK 21Shares and IBIT from BlackRock, which recorded inflows of $168.71 million and $155.69 million, respectively.

More modest inflows were observed in WisdomTree's Grayscale Bitcoin Mini Trust and BTCW, which saw $13.01 million and $2.79 million enter their funds. However, Bitwise's BITB coin stood out as the only outlier during the day, with investors withdrawing $8.6 million.

The decline in weekly inflows into Bitcoin ETFs coincided with a shift in Bitcoin price momentum following President Donald Trump's comments. Sign an executive order On January 23. The order, which aims to create a working group focused on digital assets, did not live up to expectations within the cryptocurrency community.

Although the executive order outlined plans to advise the White House on digital asset policy and evaluate the possibility of creating a government stockpile of seized cryptocurrencies, it stopped short of proposing the creation of a strategic reserve of bitcoin — a move that many cryptocurrency advocates were in favor of. Eagerly anticipated.

At the time of writing, Bitcoin (Bitcoin), the largest cryptocurrency on the market, fell by 4.5% over the past day and 1.4% over the past week, falling towards the critical psychological support level of $100,000. Many experts believe that this level is necessary to regain momentum and chart the way towards a new all-time high.