James Richardson
U.S.-listed spot Bitcoin ETFs saw a massive $591.3 million in net inflows on Monday, marking the seventh consecutive day of positive capital movement into the market, according to data from SoSoValue.
The clear leader was BlackRock’s IBIT, which attracted a remarkable $970.9 million in net inflows, standing out as the only ETF of its kind to post gains on the day. In contrast, several major competitors faced withdrawals: ARKB, jointly issued by Ark Invest and 21Shares, experienced $226.3 million in outflows, while Fidelity’s FBTC lost $86.9 million. Grayscale’s GBTC, Bitwise’s BITB, and VanEck’s HODL also posted negative flow figures.
Despite strong inflows, total trading volume across 12 Bitcoin ETFs dropped to $2.4 billion on Monday, down from $3.3 billion on Friday. However, cumulative net inflows now stand at $39.02 billion, the highest since February 24, showcasing the growing investor appetite for crypto-backed ETFs.
Bitcoin Holds Steady Above $94K, Ether ETFs Join the Party
Bitcoin’s price remained relatively stable, rising 0.2% over the past 24 hours to trade at $94,359, after briefly surpassing the $95,000 mark earlier in the day, according to PRIME’s pricing dashboard.
Last week alone, spot Bitcoin ETFs recorded $3 billion in inflows, the largest weekly total since November 2024.
Meanwhile, spot Ethereum ETFs also gained momentum, pulling in $64.1 million in net inflows, extending their own streak to three consecutive days. Ether’s price dipped slightly by 0.02% to $1,793.
