ETF Inflows: A Signal of New Demand and Bullish Impact on Bitcoin
BTC
ETF spot Bitcoin in the United States recorded net inflows of $471.3 million on January 4, 2026, marking the largest daily inflow since November 11, 2025. This surge reaffirms the renewed institutional interest in the world's largest cryptocurrency. BlackRock, through its iShares Bitcoin Trust (IBIT) product, led the way with inflows reaching $524 million throughout Q4 2025, demonstrating strong dominance in the Bitcoin ETF market.
The return of institutional capital holds significant meaning. After a period of large-scale selling in Q4 aimed at reducing tax burdens, selling pressure has now eased. This has helped stabilize Bitcoin's base price and created space for healthier price movements. Data also shows a direct correlation between ETF inflows and short-term price dynamics. For example, the slowdown in ETF demand in October 2025 triggered a massive $19 billion liquidation, underscoring how sensitive the market is to capital flows in this instrument.
The Dusk Network (DUSK) whitepaper was released in its first version in the first quarter of 2018 and has since taken its current form with the second version published on August 30, 2019. The DUSK coin whitepaper was authored by Toghrul Maharramov, Emanuele Francioni, Dmitry Khovratovich, and Fulvio Venturelli.
According to the DUSK coin whitepaper, "The Dusk Network protocol is a distributed ledger based on blockchain, secured by a novel state machine replication algorithm." The Dusk Network allows participation in the state transition verification process without requiring permission, while simultaneously providing strong guarantees about the correctness of state transitions. The protocol was designed to preserve user anonymity at both the transaction and state layers.
What makes the Dusk Network project unique? Dusk Network has created a unique structure that enables businesses of all sizes to collaborate at the required scale, meet compliance requirements, and ensure the confidentiality of personal and transaction data.
The Dusk Network stands out particularly for its privacy advantages. These advantages are enabled by an innovative smart contract called the Confidential Security Contract (XSC). XSC allows users to create, store, and trade digital securities while paying attention to legal privacy and data protection.
The Dusk Network also features a unique consensus mechanism known as the Segregated Byzantine Agreement (SBA).
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