On Monday, Bitcoin ETFs in the U.S. saw modest inflows, totaling $12.90 million, according to data from SoSoValue. BlackRock’s IBIT fund led the way, attracting the highest inflows of $15.82 million. Fidelity’s FBTC followed with $5.06 million, while Grayscale’s BTC fund pulled in $2.82 million. VanEck’s HODL saw $4.91 million in inflows, and Franklin & Templeton’s EZBC fund added $5.04 million.
The only outflow of the day was recorded by Grayscale’s GBTC with $20.75 exiting the fund, continuing its recent trend of struggling to retain investor interest. The remaining funds, including ARK Invest’s ARKB, Bitwise’s BITB, Valkyrie’s BRRR, Invesco’s BTCO, and WisdomTree’s EZBC, saw no action.
At the time of writing, Bitcoin is experiencing a slight decline, trading at $58,068 after a 0.80% drop over the last 24 hours, according to CoinMarketCap.
We’ll continue to keep a close eye on these ETF inflows and outflows as they can provide insight into investor sentiment and market dynamics. Follow us at HowToBuyBitcoin.org for daily updates on Bitcoin ETFs and more.