Spot Bitcoin ETFs record nearly $1 billion in net inflows, ninth-largest daily total
U.S.-listed spot Bitcoin ETFs saw a net inflow of $998.95 million on Monday, marking the ninth-largest single-day inflow since trading began on January 11, 2024. BlackRock's IBIT led the inflows with $381.37 million, followed by Ark's ARKB and Fidelity's FBTC. This marks the first three-day streak of net inflows in two weeks, occurring amid the Senate's failed cloture vote on the Clarity Act and Federal Reserve interest rate hikes. While year-to-date net outflows remain at $450 million, Bitcoin has risen 44% this quarter to $85,000.
Summaries are written by AI from the original article. Not investment advice.