Net Inflows Into Spot Bitcoin ETFs Continue

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On Monday, there were once again positive net inflows for US spot Bitcoin exchange-traded funds, with a total of $241.12 million being invested. This marks the sixth day in a row that these funds have experienced inflows, the longest streak since March.

According to data from SoSoValue, the leading funds in terms of inflow were Ark Invest and 21Shares’ spot Bitcoin ETF, followed closely by BlackRock’s IBIT and Fidelity’s FBTC. Bitwise and Grayscale’s spot ETFs also saw significant inflows, while WisdomTree’s fund had a smaller inflow.

Overall, the total net inflows for all 11 spot Bitcoin ETFs in the past six days reached over $1.18 billion, bringing the total net inflows since January up to $12.87 billion. While this is a positive trend, it is still lower than the peak inflows in March.