Spot Bitcoin ETFs Log $61.3M Inflows, Extending 8-Day Streak

Key points:

• Spot bitcoin ETFs in the U.S. reported daily net inflows of $61.3 million on Monday.
• BlackRock’s IBIT led the inflows, with $72.15 million flowing into the fund.

Spot Bitcoin ETFs in the U.S. logged $61.3 million in net inflows on Monday, extending their streak to eight days, led by BlackRock’s IBIT with $72.15 million inflows.

U.S. Spot Bitcoin ETFs Extend Inflows Streak to Eight Days

U.S. spot Bitcoin ETFs logged net inflows of $61.3 million on Monday, marking an eighth straight day of inflows. BlackRock’s IBIT topped with inflows of $72.15 million, while Fidelity’s FBTC saw inflows of $8.32 million, according to SosoValue data.

Some funds such as Ark’s ARKB and Bitwise’s BITB registered outflows, with $9.5 million and $9.67 million, respectively. Overall, trading volume fell to $1.37 billion from $1.87 billion on Friday.

Read more: Spot Bitcoin ETFs Extend Inflows To $365M Over Six Consecutive Days

Ether ETFs Report Outflows as Bitcoin ETFs Continue Streak

While Bitcoin ETFs continued their strong inflow streak, U.S. spot Ether ETFs saw net outflows of $822,290 on Monday. Leading the losers is Grayscale’s ETHE with a bleeding $11.81 million in outflows.

On the contrary, BlackRock’s ETHA is continuing its fifth day of consecutive gains with $10.99 million inflows. Total trading volume for Ether ETFs also plunged to $149.14 million from Friday’s $249.09 million.