Bitcoin and Ethereum surge as ETF inflows signal renewed optimism
By John Nada·Jan 26, 2026·2 min read
Bitcoin and Ethereum see significant gains amid ETF inflows. A Senate committee prepares to vote on a crucial crypto bill, while global developments unfold.
Cryptocurrency markets are experiencing a notable uptick, with Bitcoin trading at $95,000, up 3%, and Ethereum reaching $3,313, marking a 6% increase. This resurgence is largely attributed to the largest inflow into Bitcoin exchange-traded funds (ETFs) in three months, which saw a significant addition of $754 million. Ethereum ETFs also posted a healthy inflow of $130 million, reflecting growing institutional interest in digital assets.
Among the top performers, Solana is up 2% to $145, while Binance Coin and other notable cryptocurrencies such as IP, ICP, and PUMP have shown strong gains. Monero is particularly noteworthy, hitting yet another all-time high, showcasing the varied landscape of investor interest across different assets.
In legislative developments, a Senate committee is set to vote on a significant crypto bill on January 27. However, challenges remain, particularly related to stablecoin provisions within the bill, which are still under debate. The outcome of this vote could have far-reaching implications for the regulatory landscape governing cryptocurrencies in the United States.
On the technology front, Ethena Labs announced its USDe stablecoin will now be free from gas fees, an innovative move that could streamline transactions for users. Meanwhile, Bitdeer has overtaken Marathon Digital Holdings (MARA) in managed hashrate, indicating a shift in the competitive landscape of Bitcoin mining.
In corporate news, Polygon Labs is set to acquire Coinme and Sequence for $250 million, a strategic move to enhance its service offerings. BitPanda is eyeing an initial public offering in Frankfurt, with ambitions to launch in the first half of 2026. Additionally, Changpeng Zhao (CZ) has invested in the perpetual trading platform Genius Terminal, further cementing his influence in the trading space.
Globally, Russia is opening its cryptocurrency markets wider for payment solutions, signaling a shift toward greater acceptance of digital currencies. However, these advancements come amid ongoing challenges, as evidenced by recent incidents of crypto wrench attacks in France, raising concerns about security in the burgeoning sector.
As new developments unfold, the focus will remain on the impending Senate vote and how these legislative changes may shape the future of cryptocurrency regulation. Investors and stakeholders will undoubtedly be watching closely, as these shifts could influence market sentiment in the coming weeks.