Bitcoin ETFs Maintain Inflow Streak Amid Cooling Market Activity
- Bitcoin ETFs added $31.07 million on Monday, extending their inflow streak to eight sessions with a cumulative total of approximately $3 billion.
- Blackrock’s IBIT fund led the session with $54.84 million in inflows, while Grayscale’s Bitcoin Mini Trust gained $10.32 million.
- Grayscale’s GBTC saw an outflow of $23.19 million, and Fidelity’s FBTC recorded a $10.90 million outflow, indicating selective investor behavior.
- Ether, Solana, and XRP funds also experienced gains, reflecting broad institutional demand across various cryptocurrencies.
- Total ETF trading volume reached $2.05 billion, while net assets closed at $107.82 billion.
Despite a slowdown in daily inflows from nearly $1 billion last week to $31 million on Monday, institutional interest in ETFs remains strong as they continue to attract significant capital across multiple cryptocurrency funds.
The ongoing streak highlights sustained institutional demand for bitcoin exposure even as broader market pressures emerge, underscoring the role of ETFs in expanding access to digital assets through traditional financial channels.
