US Bitcoin exchange-traded funds recorded nearly $1 billion in inflows on January 6, as Bitcoin managed to recover to the $102,000 level.

according to Data From SoSoValue The 12 Bitcoin ETFs recorded inflows of $987.06 million on Monday, marking the second straight day of inflows. During those two days, ETFs saw inflows of more than $900 million per day, for a total of about $1.89 billion.

The recent jump in inflows has almost offset the series of falling demand Notice In the latter half of December, ETFs saw nearly $1.9 billion in net outflows between December 19 and January 2.

Meanwhile, the inflows seen on Monday, January 6 were led by Fidelity's FBTC which saw $370.24 million enter the fund followed by Black RockIBIT and ARK 21Shares' ARKB attracted $209.08 million and $152.92 million in investor funds, respectively.

Biwise's BTC ETFs, and Grayscale's BTC ETFs with GBTC and BTC tickers also contributed to the positive momentum as they recorded $75.23 million, $73.79 million, and $71.19 million, respectively.

More modest positive flows were seen from VanEck's HODL, Franklin Templeton's EZBC, and Valkyrie's BRRR which attracted $17.33M, $8.88M, and $8.38M on the day. The remaining three BTC ETFs remained neutral.

The total daily trading volume of these investment products reached $3.96 billion on January 6, much higher than the $2.59 billion recorded the previous day.

Monday's strong inflows came as Bitcoin continued to move higher, managing to rise beyond the $102,000 level, sparking new enthusiasm and increasing institutional interest in Bitcoin ETF products once again.

Meanwhile, last December was a banner month for US Bitcoin ETFs, with funds accumulating around 51,500 BTC – roughly 272% more than the 13,850 new coins that entered circulation during the month. The momentum was driven by strong activity in the spot market, pushing Bitcoin to an all-time high of $108,135 on December 17, according to data from crypto.news.

At the time of publication Bitcoin (Bitcoin) was trading at $101,674, up 2.2% in the last 24 hours.