On Monday December 2, Bitcoin ETFs in the United States experienced a positive start to the week, recording a net inflow of $353.67 million. This comes after moderate outflows of $138.07 million last week. The largest contributor to Monday’s inflows was BlackRock’s IBIT fund, which brought in $338.33 million. IBIT remains the dominant player in the market, holding 2.54% of the total Bitcoin supply.
Other funds also saw gains during the day. Fidelity’s FBTC added $25.14 million, Ark Invest’s ARKB brought in $17.24 million, Grayscale’s BTC fund recorded $6.36 million in inflows, and Franklin & Templeton’s EZBC fund attracted $5.56 million.
On the other side, outflows were noted from Grayscale’s GBTC fund, which lost $28.11 million, and VanEck’s HODL fund, which recorded $10.85 million in outflows. The remaining funds did not see any changes in their totals for the day.
Meanwhile, Bitcoin’s price remained steady, trading between $95,000 and $96,000. As of now, it is holding firm at $96,000, according to CoinMarketCap data.