On January 6, 2025, Bitcoin ETFs recorded a significant net inflow of 9,014 BTC, equivalent to $923.45 million. This data was reported by @lookonchain on the same day. Notably, Fidelity was a major contributor to this inflow, adding 3,625 BTC, which is valued at $371.39 million. As of the reporting date, Fidelity's total holdings in Bitcoin stood at 205,510 BTC, with a market value of $21.05 billion.

Simultaneously, Ethereum ETFs experienced a net inflow of 10,706 ETH, amounting to $39.98 million, according to @lookonchain. iShares, managed by Blackrock, was the primary contributor to this inflow, adding 9,389 ETH, which equates to $35.06 million. As of January 6, 2025, iShares holds a total of 1,080,804 ETH, valued at $4.04 billion. These inflows suggest a strong institutional interest in both Bitcoin and Ethereum through ETF vehicles.

Analyzing the trading implications, the net inflows into Bitcoin and Ethereum ETFs indicate a bullish sentiment among investors. The substantial inflow into Bitcoin ETFs, particularly by Fidelity, suggests a continued confidence in Bitcoin's long-term value. For Ethereum, the significant inflow by iShares points to a growing interest in Ethereum-based financial products. The on-chain metrics, such as the total holdings by Fidelity and iShares, further reinforce the strength of these assets within institutional portfolios. These inflows may influence the price dynamics of both cryptocurrencies, potentially leading to increased demand and upward pressure on prices.