This week kicked off with a strong showing for Bitcoin ETFs in the United States, raking in a net inflow of $202.51 million on Monday. The bulk of this impressive figure comes from none other than BlackRock, which added a significant $224.06 million to its Bitcoin holdings—equivalent to approximately 3,207 BTC!
Other positive movements for the day according to SoSoValue data included:
- Franklin Templeton’s EZBC fund, which saw an inflow of $5.52 million.
- WisdomTree, adding $5.06 million.
- Grayscale’s BTC fund, with a modest inflow of $4.01 million.
However, not all funds had a positive day. Fidelity’s FBTC recorded an outflow of $8.33 million, Bitwise saw $16.61 million leave its fund, and VanEck faced an outflow of $7.18 million.
No activity was recorded for Grayscale’s GBTC, ARK Invest’s ARKB fund, Invesco’s BTCO, or Valkyrie on this day.
Let’s see what the week brings and if we can pass the over half a billion of inflows that were recorded last week!
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