Bitcoin (BTC) has shown a strong start to the year, breaking above US$92,000 and briefly touching US$94,600, indicating a potential shift in near-term momentum after a challenging end to 2025. This resurgence reflects a return to more normalized trading volumes and early signs of renewed institutional positioning. Simultaneously, global crypto exchange-traded products attracted US$47.2 billion in net inflows in 2025. While Bitcoin-focused products saw a drop in inflows compared to 2024, there was a significant surge into select altcoins, with Ethereum products alone posting US$12.7 billion in inflows. XRP and Solana funds also recorded multibillion-dollar inflows and triple-digit percentage growth year over year, indicating a broader interest beyond Bitcoin.