Bitcoin climbs to two-month high as ETF inflows return

Abu Dhabi, United Arab Emirates – January 16, 2026: Bitcoin has surged above USD 97,000, reaching a two-month high after a sharp pullback from its all-time high in late 2025, as renewed exchange-traded fund (ETF) inflows drive fresh momentum in the market.

According to Sam North, Market Analyst at eToro, the key catalyst behind the move is a clear shift in ETF flows, pointing to institutional investors re-entering the market with growing conviction.

North noted that bitcoin’s recent price action highlights how sensitive the asset remains to ETF demand. A failed breakout above USD 95,000 last week coincided with weaker flows, triggering a pullback before momentum quickly reversed as inflows returned.

The rally has also been amplified by significant liquidations in the derivatives market. Around USD 718 million in short positions were liquidated over the past 24 hours, forcing bearish traders to close positions and accelerating the move higher.

Looking ahead, North said the next phase will depend on the behaviour of long-term holders. In recent months, rallies have repeatedly stalled as investors locked in profits, keeping bitcoin range-bound between USD 85,000 and USD 95,000.

Media Contact:
PR@etoro.com

About eToro

eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre here for our latest news.

Disclaimers:

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

eToro is a group of companies that are authorised and regulated in their respective jurisdictions. The regulatory authorities overseeing eToro include:

• The Financial Conduct Authority (FCA) in the UK
• The Cyprus Securities and Exchange Commission (CySEC) in Cyprus
• The Australian Securities and Investments Commission (ASIC) in Australia
• The Financial Services Authority (FSA) in the Seychelles
• The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the UAE
• The Monetary Authority of Singapore (MAS) in Singapore

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.

Regulation and License Numbers

Middle East

eToro (ME) Limited, is licensed and regulated by the Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA“) as an Authorised Person to conduct the Regulated Activities of (a) Dealing in Investments as Principal (Matched), (b) Arranging Deals in Investments, (c) Providing Custody, (d) Arranging Custody and (e) Managing Assets (under Financial Services Permission Number 220073) under the Financial Services and Market Regulations 2015 (“FSMR”). Registered Office and its principal place of business: Office 26 and 27, 25th floor, Al Sila Tower, ADGM Square, Al Maryah Island, Abu Dhabi, United Arab Emirates.

This article was originally published as Bitcoin climbs to two-month high as ETF inflows return on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.