Bitcoin ETFs attract $697M in second trading day of 2026

💡 DMK Insight

Bitcoin ETFs pulling in $1.1 billion in just two days is a game changer for traders. This surge indicates a robust appetite for digital assets, likely fueled by the ‘clean-slate effect’ of the new year. Traders should note that this influx could lead to increased volatility as more institutional money enters the market. If this trend continues, we might see Bitcoin testing key resistance levels, potentially pushing above recent highs. Keep an eye on the $50,000 mark; breaking through could signal a bullish trend. On the flip side, if profit-taking occurs, we might see a pullback, so be prepared for quick adjustments. Watch for trading volumes and sentiment indicators in the coming days, as they could provide insights into whether this momentum is sustainable or just a short-term spike.