Spot Bitcoin ETFs in the US Record Eighth Day of Positive Inflows
Spot Bitcoin exchange-traded funds in the US recorded an eighth consecutive day of positive net inflows.
On Monday alone, they saw inflows of $202.6 million, signaling continued investor interest in Bitcoin despite recent market volatility.
BlackRock’s IBIT made the most significant impact, attracting $224.1 million – the largest single-day inflow for the fund since July 22.
However, other spot Bitcoin ETFs showed relatively weak activity compared to BlackRock’s.
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Analyst Predicts Bitcoin Short Squeeze as Bears Face LossesFranklin Templeton’s EZBC and WisdomTree’s BTCW saw minor positive inflows of $5.5 million and $5.1 million, respectively.
However, not all funds posted gains.
Bitwise’s BITB led the outflows, losing $16.61 million, followed by Fidelity’s FBTC, which saw $8.33 million withdrawn. VanEck’s HODL also saw an outflow of $7.18 million.
Meanwhile, other funds, including Grayscale’s GBTC, showed no significant movements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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