Bitcoin ETF

Bitcoin

Million

Spot

Daily

U.S. spot Bitcoin exchange-traded funds (ETFs) saw net inflows of $479.35 million on Monday, the biggest daily inflow in two weeks and signaling strong investor demand for Bitcoin amid recent price momentum.
<h2 id="us-spot-bitcoin-etfs-record-479-million-daily-inflows-reaching-two-week-high">US Spot Bitcoin ETFs Record $479 Million Daily Inflows, Reaching Two-Week High</h2>
BlackRock’s IBIT led the way, pulling in $315.19 million on Monday, according to SoSoValue data. This marks the 11th consecutive day of positive flows for IBIT and solidifies its position as the largest spot Bitcoin ETF by net assets.
Several other Bitcoin ETFs also saw significant inflows:
<ul>
 <li>ARK and 21Shares’ ARKB: $59.78 million</li>
 <li>Fidelity's FBTC: $44.12 million</li>
 <li>Bitwise's BITB: $38.67 million</li>
 <li>Grayscale's BTC: $21.59 million</li>
</ul>
However, the other seven Bitcoin ETFs saw no inflows on Monday. The total trading volume of the 12 ETFs rose to $3 billion from $2.9 billion on Friday, reflecting the increased market activity. Bitcoin Price Hits Multi-Month High Bitcoin rose 4.75% in the past 24 hours to trade at $71,580, its highest level since June. Meanwhile, Ethereum (ETH) was also gaining momentum, trading at $2,631, up 5.11%. Ethereum ETFs See Modest Outflows While Bitcoin ETFs saw significant inflows, spot Ethereum ETFs saw net outflows of $1.14 million on Monday, following outflows of $19.16 million on Friday.
The biggest outflow came from Grayscale’s ETHE, which lost $8.44 million. However, Fidelity’s FETH and BlackRock’s ETHA made up for some of the losses, bringing in $5.02 million and $2.28 million, respectively.
The total trading volume of the nine Ethereum ETFs fell slightly to $187.49 million from $189.88 million on Friday.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/us-spot-bitcoin-etfs-reach-two-week-highs-here-are-the-details/" rel="noopener noreferrer nofollow">US Spot Bitcoin ETFs Reach Two-Week Highs! Here Are the Details</a>

US Spot Bitcoin ETFs Reach Two-Week Highs! Here Are the Details

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