Crypto:
32374
Bitcoin:
$98.602
% 0.55
BTC Dominance:
%59.5
% 0.26
Market Cap:
$3.30 T
% 1.49
Fear & Greed:
94 / 100
Bitcoin:
$ 98.602
BTC Dominance:
% 59.5
Market Cap:
$3.30 T

US Spot Bitcoin ETF Inflows Surged on Monday

Bitcoin

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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