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US Spot Bitcoin Exchange-Traded Funds ( ETFs ) are Supporting Bitcoin's Rise! Positive Series has Reached 7 Days! Here are the Details
US spot Bitcoin exchange-traded funds (ETFs) pulled in a net inflow of $591.3 million on Monday, extending their winning streak to the seventh day, even as Bitcoin prices remained steady above $94,000.
While BTC Holds Above 94,000 Dollars, US Spot Bitcoin ETFs Recorded a Net Inflow of 591 Million Dollars
BlackRock's iShares Bitcoin Trust, the largest spot bitcoin ETF by net assets, became the only fund among its peers to record a net inflow, with a massive entrance of 970.9 million dollars according to SoSoValue data.
All major ETFs, including Ark and 21Shares' ARKB, Fidelity's FBTC, Grayscale's GBTC, Bitwise's BITB, and VanEck's HODL, recorded net outflows. In particular, ARKB experienced an outflow of $226.3 million, while FBTC recorded an outflow of $86.9 million.
Despite the heavy inflows into IBIT, the total trading volume in the 12 spot Bitcoin ETFs fell from 3.3 billion dollars on Friday to 2.4 billion dollars on Monday. However, the cumulative net inflows into these ETFs have now reached 39.02 billion dollars.
According to price data from The Block, Bitcoin itself remained resilient amid ETF activity and was traded at $94,659 with a 0.2% increase in the last 24 hours after briefly exceeding $95,000 early Monday.
The sustained momentum comes on the heels of last week's impressive $3 billion spot Bitcoin ETF inflows. It highlights strong investor appetite for Bitcoin exposure through the highest weekly regulated products since November 2024.
Meanwhile, spot Ethereum ETFs reported positive figures by attracting a net inflow of 64.1 million dollars and marking gains for the third consecutive day.
Consistent entries underscore the increasing institutional interest in cryptocurrencies even amid broader market uncertainty and tightening monetary conditions.