US Spot Bitcoin ETFs Attract $555M

The spot Bitcoin ETF market in the US yesterday experienced a surge in net inflows, totaling $555.8 million. This marks the highest level of inflows since June 4.

Out of the twelve spot Bitcoin ETFs, ten reported net inflows, with no net outflows observed.

Among the spot Bitcoin ETFs, Fidelity’s FBTC had the highest inflows at $239.25 million, followed by Bitwise’s BITB with $100 million in net inflows.

The largest spot Bitcoin fund, BlackRock’s IBIT, saw $79.5 million in net inflows, while ARK & 21Shares’ ARKB recorded nearly $70 million in net inflows.

Even Grayscale’s GBTC saw a significant $37 million in net inflows on Monday. Smaller inflows were seen in spot Bitcoin funds from VanEck, Valkyrie, Invesco, Franklin Templeton, and Grayscale’s mini trust.

WisdomTree and Hashdex’s spot Bitcoin ETFs did not see any inflows for the day. In total, the 12 spot Bitcoin funds had a combined trading volume of over $2.61 billion on Monday, the highest since August 23.