Bitcoin ETFs Attract $459M in Weekly Inflows While $AFC Climbs
Bitcoin ETFS pulled in strong interest last week as $459 million flowed back into the market, signalling renewed confidence from large investors.
While these funds gained traction, Arsenal Fan Token ($AFC) also moved higher, recording solid gains across the past day and week. The Fan Token rose by over 3% in 24 hours and climbed more than 17% in seven days, demonstrating strength despite overall market activity remaining mixed.
Bitcoin Funds See Fresh Cash After Quiet Period
New data from SoSoValue shows that Bitcoin spot funds recorded a combined inflow of $459 million between December 29 and January 2. This return of capital followed a period where investors appeared more cautious.
BlackRock’s Bitcoin fund IBIT led the pack with $324 million in weekly inflows. This pushed its total inflow since launch to $623.80 million, keeping it firmly ahead of other Bitcoin funds. Fidelity’s FBTC also posted strong numbers, adding $106 million over the same period and lifting its total inflow to $122 million.
On the other side, Grayscale’s GBTC saw the largest weekly outflow at $53.67 million. Its total outflow has now reached $252.40 million, showing that some investors are still rotating away from older products.
Altogether, Bitcoin spot funds now hold assets worth $116.95 billion. These funds make up about 6.53% of Bitcoin’s full market value, showing how much influence they now have on the wider market.
$AFC Holds Firm After Sharp Push Toward $0.40 as Buyers Stay Committed
$AFC traded at $0.3933, posting a 3.51% rise in the past 24 hours and a 17.34% gain over the past week. Its market value currently sits at $5,923,145.
The chart shows that $AFC spent much of the earlier session moving sideways before a sudden jump pushed the price close to the $0.40 level. After this move, the Fan Token held its ground, with only small pullbacks. This type of price action typically indicates steady buying interest rather than quick profit-taking.
Even though daily trading volume dropped by 13.30%, the price remained firm. This suggests that sellers were limited and many holders chose to stay put rather than exit.
Fan Tokens Find Strength Alongside Bitcoin
As Bitcoin funds attract fresh capital, tokens tied to sports teams like $AFC are also gaining attention. The steady price rise seen on the chart shows that $AFC is finding support even when trade counts ease.
Together, the inflow into Bitcoin ETFs and the recent gains in $AFC point to improving confidence across different parts of the crypto market, with both large investors and fan communities playing a role in recent moves.
Fantoken Market Reporter