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.

READ MORE:

Analyst Predicts Bitcoin Short Squeeze as Bears Face Losses

Franklin 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Bitwise’s BITB led the outflows, losing $16.61 million, followed by Fidelity’s FBTC, which saw $8.33 million withdrawn.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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.