On Monday, Bitcoin ETFs in the United States recorded a strong start to the week, adding $479.06 million to their holdings on Monday. This follows last week’s impressive inflows of $2.73 billion, a period marked by Bitcoin crossing the $100,000 milestone for the first time.
Among the funds, BlackRock’s IBIT fund continued to dominate, bringing in $394.07 million, while Fidelity’s FBTC fund contributed $175.47 million in inflows. Grayscale’s BTC fund also added $7.25 million. However, not all funds experienced growth. Bitwise’s BITB fund saw $39 million in outflows, Ark Invest’s ARKB fund lost $34.30 million, and Grayscale’s GBTC fund recorded $24.44 million in outflows.
Meanwhile, several funds reported no activity for the day. These include VanEck’s HODL, Valkyrie’s BRRR, Invesco’s BTCO, Franklin & Templeton’s EZBC, and WisdomTree’s BTCW funds.
At the time of writing, Bitcoin is trading at $96,989, reflecting a 2.2% decline in the past 24 hours, according to CoinMarketCap data. Despite this minor dip in price, the strong start to the week for ETFs suggests continued investor interest as Bitcoin maintains its historic high levels.