U.S. spot bitcoin exchange-traded funds (ETFs) saw $1.42 billion in net inflows last week, the highest weekly total since early October. BlackRock's IBIT led the charge, attracting $1.03 billion in inflows for the week ending January 16. This surge in investment indicates a renewed institutional interest in Bitcoin as a long-term asset, despite recent volatility. During the same week, Bitcoin's price rose from approximately $90,500 to around $97,000 before pulling back to $92,618 due to macroeconomic concerns. Analysts point to strong ETF inflows as evidence of continued accumulation, which could lead to tighter supply and support a price recovery. However, a significant market pullback, driven by over-leveraged trading positions, raises concerns about Bitcoin's vulnerability to sudden downturns. In addition to Bitcoin, spot Ethereum ETFs recorded $479 million in inflows, also marking their highest weekly total since October. The overall crypto market experienced roughly $824 million in liquidations, with over $763 million from long positions, highlighting the impact of leverage and liquidity on price movements.