Bitcoin Price Climbs To $97,000 As Billions Flow Into ETFs

The bitcoin price surged above $97,000 this week, marking its strongest level in more than two months, on a mix of economic news and renewed inflows into U.S. spot Bitcoin exchange-traded funds (ETFs.

Crypto investors appear to be kicking off 2026 with a familiar playbook: allocating heavily to Bitcoin ETFs. 

On Tuesday, the dozen U.S.-listed spot Bitcoin funds recorded roughly $760 million in net inflows, the largest single-day total since October. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led the pack, absorbing about $351 million, while Bitwise’s BITB and BlackRock’s iShares Bitcoin Trust (IBIT) also posted strong gains.

The momentum accelerated on Wednesday. Data…

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