Bitcoin Spot ETFs Saw $555.8M Net Inflows On Monday ‘Monster Day’
U.S. Spot Bitcoin (CRYPTO: BTC) ETFs witnessed a $555.8 million surge in inflows on Monday, with ten out of 12 ETFs reporting net inflows.
What Happened: The Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) led the inflows, attracting $239.25 million. Bitwise Bitcoin ETF (NYSE:BITB) followed with $100 million, according to data from SoSoValue.
BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT), the largest spot bitcoin ETF by net assets, reported $79.5 million in net inflows. Other ETFs like ARK 21Shares’ Bitcoin ETF (BATS:ARKB) and Grayscale Bitcoin Trust (NYSE:GBTC) also recorded significant inflows.
This single-day net inflow marks the highest since July.
ETF Store president Nate Geraci called it a “monster day” and highlighted that the cumulative …