U.S. Spot Bitcoin ETFs See $235 Million in Inflows as Fidelity Leads the Way
On Monday, U.S. spot Bitcoin ETFs attracted $235.19 million in net inflows, marking two consecutive days of positive movement.
Fidelity’s FBTC led the pack with $103.68 million in inflows, according to Farside data. BlackRock’s IBIT, the largest spot Bitcoin ETF by assets, followed closely with $97.88 million after seeing no activity last Friday.
Other notable inflows came from Bitwise’s BITB with $13.09 million, Ark and 21Shares’ ARKB with $12.63 million, VanEck’s HODL with $5.37 million, and Invesco’s BTCO, which added $2.53 million.
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Grayscale’s GBTC, the second largest Bitcoin ETF, and six other funds saw no inflows on Monday. In total, the 12 ETFs recorded a trading volume of $1.22 billion, a slight increase from $1.19 billion on Friday.
In the Ethereum ETF space, no inflows were reported on Monday following $7.39 million in inflows on Friday and $3.2 million in outflows on Thursday. Trading volume for Ethereum ETFs dropped to $118.43 million on Monday, down from $148.01 million on Friday.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
