Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Bitcoin ETFs May Hit $50B: US spot Bitcoin ETFs saw nearly $5B in inflows in January, setting them on track for $50B+ by year-end.

2. 🪂Airdrop Essentials🎁: Get the latest airdrop now! Read UseTheBitcoin’s “Durov’s Caps Telegram Airdrop Guide” to learn more on how to qualify and participate in the Durov’s Caps exclusive NFT collection airdrop!

3. Trump’s Trade War & BTC: BTC fell below $100K after Trump imposed new tariffs on China, Canada, and Mexico, sparking fears of inflation and interest rate hikes.

4. 💡Feature of the Day - Coinbase Acquires Spindl: Coinbase has acquired Spindl, an onchain ad platform, to help Base builders improve user acquisition.

   
   All this and more in today’s headlines!

   

📰 News Highlights:

Bitcoin ETFs May Hit $50B [Source][Source][Source]

US spot Bitcoin ETFs saw nearly $5 billion in inflows in January, setting them on track for over $50 billion by year-end, according to Bitwise's Matt Hougan.

BlackRock’s IBIT led with $3.2 billion in inflows, followed by Fidelity’s FBTC at $1.3 billion. Bitwise’s Bitcoin ETF ranked fifth with $125 million.

Analysts expect institutional investors to increase allocations, with wealth managers gaining ETF access and that ETF inflows typically accelerate after the first year, citing gold ETFs as precedent.

Crypto traders anticipate a potential BTC market dip following US futures market openings on Feb. 2.

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Trump’s Trade War & BTC [Source][Source][Source][Source][Source][Source]

Bitcoin fell below $100,000 following President Trump’s decision to impose new tariffs on China, Canada, and Mexico.

The tariffs prompted swift retaliation from affected nations, raising concerns about inflation and interest rate hikes, which often drive investors away from riskier assets like crypto.

In response, Canada imposed a 25% tariff on US goods, while China announced plans to escalate trade disputes via the WTO.

BTC briefly dipped to $99,111 before stabilizing near $99,540.

Analysts remain divided on the long-term implications of the tariffs on digital assets.

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💡 Feature of the Day: 

Coinbase Acquires Spindl [Source][Source][Source][Source]

Coinbase has acquired Spindl, an onchain advertising platform, to enhance discoverability for Base builders.

Spindl specializes in onchain ad attribution, helping developers grow their user base by leveraging smart contract-based ad tech.

Jesse Pollak, Base’s creator, praised Spindl’s approach, highlighting its potential to help projects go viral within the crypto ecosystem.

Coinbase sees Spindl as a critical tool for Web3 adoption, aiming to connect builders with users more effectively.

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And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com