BlackRock’s IBIT, the largest spot bitcoin ETF by assets, led the pack with $72.15 million in inflows, according to data from SosoValue. Fidelity’s FBTC also posted gains, attracting $8.32 million in new capital.

Might interest you: What is BabyDoge?

However, not all funds saw positive flows. Ark and 21Shares’ ARKB ETF experienced net outflows of $9.5 million on Monday, following a massive inflow of $203.07 million just last Friday. Similarly, Bitwise’s BITB recorded $9.67 million in outflows.

Grayscale’s GBTC fund, which typically operates differently from spot ETFs, reported zero flows on Monday after a rare inflow of $26.15 million on Friday. The remaining seven spot bitcoin ETFs also reported no activity for the day. In terms of trading volume, the total for these 12 ETFs dropped to $1.37 billion on Monday, down from $1.87 billion last Friday.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post U.S. Spot Bitcoin ETFs See $61.3 Million in Inflows, Extending Eight-Day Streak appeared first on Coin Engineer.