• Bitcoin ETFs attracted inflows of more than $1.76B in the first week of the new administration.
• Holders with more than 1 BTC continue to buy as altcoins see decline, despite Trump’s admin hype.

The influx of funds into Bitcoin [BTC] ETFs during the first week of President Trump’s second term.

Investor sentiment towards BTC was strong, with inflows of $1.76 billion, which propelled Bitcoin past $109,000. BlackRock’s Bitcoin ETF alone saw a daily inflow of $155.7 million in the last 24 hours as at press time.

In contrast, Ethereum ETFs garnered a considerably smaller amount of $139.4 million, indicating a comparative lack of momentum, as ETH prices remain 27% below their all-time high according to SpotOnChain.

This disparity suggested that Bitcoin might be seen as a safer or more promising investment relative to Ethereum under current market conditions.

This trend could potentially establish BTC as the standout asset, especially if similar patterns continue, overshadowing altcoins like Ethereum, which are experiencing stagnant or less dynamic growth.

Holders buying amid potential 2017 cycle repetition

Comparing retail investors with less than 1 BTC to those holding more signified a transfer to long-term holders.

This shift is crucial as it suggested a consolidation of Bitcoin in hands more likely to hold during volatility, potentially stabilizing the price over time.

As small-scale holders sell and larger investors accumulate, Bitcoin could become less susceptible to erratic price swings caused by mass sell-offs.

In the short term, this might cause fluctuations; however, in the long term, it reinforces Bitcoin’s position as a resilient asset in the crypto market.

Additionally, Bitcoin’s current trajectory closely mirrors the 2017 cycle, suggesting a b

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Author: Lennox Gitonga