On Monday, Bitcoin made an impressive surge, crossing the $70,000 mark, with the price continuing to climb, hitting $71,190 at the time of writing. This coincided with a strong day for U.S. Bitcoin ETFs, which collectively recorded a net inflow of $479.35 million, based on data from SoSoValue. The momentum seen last Friday picked up seamlessly, as no outflows were recorded across the board.
The bulk of Monday’s inflows were seen in BlackRock’s IBIT, which captured the lion’s share with $315.19 million. Following closely, Ark Invest’s ARKB took in $59.78 million, Fidelity’s FBTC secured $44.12 million, and Bitwise’s BITB recorded $38.67 million. Grayscale’s BTC fund also contributed positively, adding $21.59 million to the day’s total.
Meanwhile, the remaining Bitcoin ETFs—Grayscale’s GBTC, VanEck’s HODL, Invesco’s BTCO, Valkyrie’s BRRR, Franklin & Templeton’s EZBC, and WisdomTree’s BTCW—held steady without any inflows or outflows for the day.
Keep following us at HowToBuyBitcoin.org, where we’ll be watching closely to see if this trend continues in the days ahead.