Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net inflows of $202.51 million on Monday, marking the eighth consecutive day of positive momentum. The 12 Bitcoin funds have attracted a combined $756 million in the past eight trading days.
Spot Bitcoin ETFs See Eighth Day of Inflows Led by BlackRock’s $224 Million Inflow
BlackRock's IBIT fund led inflows on Monday with $224.06 million, the fund's largest single-day inflow since July 22, according to SoSoValue data.
Other notable inflows included $5.52 million into Franklin Templeton’s EZBC and $5 million into WisdomTree’s BTCW.
However, not all funds saw gains. Bitwise’s BITB fund had the biggest outflow of the day with $16.61 million in net outflows, followed by $8.33 million from Fidelity’s FBTC and $7.18 million from VanEck’s HODL.
Six funds, including Grayscale's GBTC, reported zero inflows or outflows on Monday.
After rising to $3.12 billion last Friday, trading volume in spot bitcoin ETFs fell to $1.2 billion on Monday, reflecting more typical levels. Since their launch in January, these funds have accumulated $18.08 billion in total net inflows.
Ethereum ETFs Continue to Struggle with Outflows
Bitcoin ETFs continued to see inflows, while US spot Ethereum funds remained lower, recording outflows for the eighth consecutive day.
On Monday, Ethereum ETFs saw net outflows of $13.23 million, including $9.52 million from Grayscale’s ETHE, Fidelity’s FETH saw outflows of $2.69 million, and Franklin Templeton reported outflows of $1.02 million. No spot Ethereum ETFs saw positive inflows on the day.
Spot Ethereum ETFs recorded trading volumes of $125.73 million on Monday, bringing their total net outflows since launch to $477.88 million.
*This is not investment advice.
