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Spot Bitcoin ETFs in the US saw the highest daily inflows in two weeks on Monday, with net inflows of $479.4 million. The bulk of these inflows came through BlackRock’s IBIT product, with $315.19 million. BlackRock’s IBIT saw positive inflows for the 11th consecutive day. Among other Bitcoin ETFs, Ark and 21Shares’ ARKB saw inflows of $59.78 million, while Fidelity’s FBTC saw inflows of $44.12 million. Bitwise’s BITB and Grayscale’s BTC funds contributed inflows of $38.67 million and $21.59 million, respectively.
Total daily trading volume reached $3 billion on Monday, surpassing the previous week’s $2.9 billion. Bitcoin rose 4.75% in the last 24 hours on Monday to $71,200, its highest level since June. Ether also rose 5.11% to $2,619.
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In contrast, spot Ethereum ETFs saw net outflows of $1.14 million on the same day. Grayscale’s ETHE product suffered the biggest loss with an outflow of $8.44 million, while Fidelity’s FETH product partially offset these outflows with an inflow of $5.02 million and BlackRock’s ETHA with an inflow of $2.28 million.
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