Bitcoin Steady At $95,000 As US Bitcoin ETFs Record $591 Million Net Inflows
U.S. spot bitcoin ETFs recorded $591.3 million in net inflows on Monday, marking their seventh consecutive day of positive flows as Bitcoin (CRYPTO: BTC) continues trading above $95,000.
What Happened: BlackRock‘s BItcoin ETF (NASDAQ:IBIT) dominated the inflow activity, attracting $970.9 million in new investments while several competitors experienced outflows, according to data from SoSoValue.
Ark and 21Shares‘ (BATS:ARKB) saw $226.3 million in outflows, while Fidelity‘s (BATS:FBTC) recorded $86.9 million leaving the fund.
Despite these mixed results across individual funds, the overall ETF market has shown remarkable strength in recent weeks.
Last week saw $3 billion in total inflows, the highest weekly figure since November 2024, pushing cumulative net inflows …
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