US BTC ETFs record biggest inflow since Jan. 14 as AUM remains near peak levels
U.S. Bitcoin ETFs saw $561.8 million in net inflows on Monday, the largest since January 14.Summary
Investors injected $561.8 million into U.S.-listed Bitcoin ETFs on Monday, marking the largest single-day inflow since January 14, despite recent price volatility that saw Bitcoin drop below $75,000. BlackRock's IBIT and Fidelity's FBTC led the inflows with $142 million and $153.3 million, respectively, ending a nearly ten-day outflow streak that accompanied Bitcoin's price decline from near $98,000. Despite spot Bitcoin trading significantly below its October all-time high, the assets under management (AUM) in these ETFs remain near their peak, holding about 1.3 million BTC. Currently, the average cost basis for ETF buyers is around $84,099, while spot Bitcoin trades near $78,000, testing the conviction of ETF investors who are currently underwater.
(Source：CoinDesk)