todayonchain.com

Spot bitcoin ETFs report $697 million in net inflows, largest daily total since October

The Block
Spot bitcoin ETFs saw $697.25 million in net inflows on Monday, the largest daily total since October.

Summary

U.S. spot bitcoin ETFs experienced their largest daily net inflows since early October on Monday, totaling $697.25 million, according to SoSoValue data. This followed $471.14 million in inflows the previous Friday, bringing the two-day cumulative total to over $1.16 billion. BlackRock's IBIT led with $372.47 million, followed by Fidelity's FBTC with $191.2 million, with most of the 12 ETFs recording positive flows. Analysts view these sizable inflows as signaling renewed risk appetite and institutional confidence, potentially underpinning sustained price gains if regulatory stability continues. The inflows coincided with a broader crypto market recovery, where Bitcoin traded near $93,683 and Ether near $3,226. Spot Ethereum ETFs also saw $168.13 million in inflows, alongside flows into altcoin ETFs.

(Source:The Block)