US spot Bitcoin ETF assets top $120 billion as long-term holders lock up supply

Beincrypto reports that total net assets in US spot Bitcoin ETFs have topped $120 billion as long-term holders increasingly appear to lock up coins rather than trade them.

Data from crypto research platform SoSoValue showed total net assets at $123 billion as of January 14 after $753 million of inflows, a three-month high last seen on October 7, 2025; the figure rose after $117 million of inflows recorded on Monday. Bloomberg ETF analyst Eric Balchunas wrote on X that “the boomers are not tourists,” adding that buyers should commit to at least a four-year holding period. Separate survey data from Bitwise and VettaFi, cited by Bitwise CIO Matt Hougan, found that 99% of financial advisors who allocated to crypto in 2025 plan to maintain or increase exposure in 2026.

Since US spot Bitcoin ETFs launched in January 2024, the funds have collectively bought more than 100% of newly mined Bitcoin, the report said. Hougan compared the dynamic to central-bank gold buying, saying early demand was met by willing sellers before supplies tightened; analysts warn that if long-term holders stop distributing into persistent ETF inflows, a supply vacuum could form and the full price impact may not be visible until later.

Key Topics

Crypto, Bitcoin, Spot Bitcoin Etfs, Sosovalue, Eric Balchunas, Bitwise