Bitcoin Logs Third Weekly Gain as ETF Money Quietly Flows In

Core Insights - Bitcoin has achieved its third consecutive weekly gain for the first time since July, demonstrating resilience amid political and geopolitical uncertainties [1] - The disconnect between Bitcoin's price movements and traditional markets indicates that large investors currently control market momentum [2] Institutional Demand - Bitcoin ETFs have attracted over $1.7 billion in inflows within three days, with a notable single-day surge of $697 million earlier in January, providing a price support mechanism [3] - ETF ownership now constitutes over 6% of Bitcoin's total market cap, significantly influencing price behavior by tightening supply on exchanges [5] - Major products like BlackRock's IBIT and Fidelity's FBTC are driving institutional demand, as conservative investors trust these brands, which in turn boosts confidence in Bitcoin [5][6] Market Trends - The recent three-week gains indicate that the market has support beyond speculative hype, although Bitcoin remains volatile and can experience sharp pullbacks [7] - Institutions accumulating Bitcoin may make sudden market crashes less likely, suggesting a more stable environment for long-term investors [7] Risk Factors - ETF inflows can reverse if macroeconomic conditions tighten or regulatory stances change, potentially removing a crucial support layer for Bitcoin [8]