Bitcoin ETF and Institutional Adoption: The New Paradigm of the $100K Era

The $100K Bitcoin Era

Bitcoin has broken through $100,000 again in February 2026. The approximately two-year institutionalization process since Bitcoin spot ETF approval in January 2024 is now delivering substantial results.

ETF Market Status

Bitcoin spot ETF total assets under management (AUM) have surpassed $150 billion. BlackRock's IBIT maintains the top position with 45% market share, followed by Fidelity's FBTC at 25%.

Net inflows in January 2026 alone reached $12 billion, approaching the records set during the initial 2024 launch period. This suggests that large institutional investors including pension funds and sovereign wealth funds are beginning meaningful Bitcoin allocations.

Ethereum ETF Trends

Ethereum spot ETFs are also growing with AUM of $35 billion. The SEC approval of ETF products incorporating Ethereum staking yields has particularly highlighted its appeal as a yield-bearing asset.

Regulatory Environment

The passage of a digital asset regulatory framework bill in the US Congress is accelerating crypto's institutional integration. Key provisions:

Outlook and Risks

Positive Factors:

Negative Factors:

Short-term upside potential to $120K exists, but a 10-15% correction would be considered healthy.