US Spot Bitcoin ETFs Reach Two-Week Highs! Here are the Details

US spotlight Bitcoin exchange-traded funds (ETFs) on Monday. $479.35 million It saw net inflows, marking its largest daily entry in two weeks and signaling strong investor demand for Bitcoin amid the recent price momentum.

US Spot Bitcoin ETFs Record $479 Million in Daily Inflows, Reaching Two-Week High

BlackRock’s IBIT led the way on Monday, pulling in $315.19 million, according to SoSoValue data. This marks the 11th consecutive day of positive flows for IBIT, solidifying its position as the largest spot Bitcoin ETF by net assets.

Several other Bitcoin ETFs also recorded significant inflows:

• ARK ve 21Shares’in ARKB’si: $59.78 million
• Fidelity’nin FBTC’si: $44.12 million
• Bitwise’s BITB: $38.67 million
• Grayscale’in BTC’si: $21.59 million

However, seven other Bitcoin ETFs saw no inflows on Monday. Total trading volume for the 12 ETFs rose to $3 billion from $2.9 billion on Friday, reflecting increased market activity.

Bitcoin Price Reached Its Highest Level in Recent Months

Bitcoin son 24 hours %4,75 increased to the highest level since June from $71,580 traded. Meanwhile, Ethereum (ETH) also gaining momentum %5,11 with increase from $2,631 traded.

Ethereum ETFs See Modest Outflows

Bitcoin ETFs experienced significant inflows, while spot Ethereum ETFs recorded net outflows of $1.14 million on Monday, following outflows of $19.16 million on Friday.

The biggest outflow came from Grayscale’s ETHE, which lost $8.44 million. However, Fidelity’s FETH and BlackRock’s ETHA offset some of the losses, bringing in $5.02 million and $2.28 million, respectively.

The total trading volume of the nine Ethereum ETFs fell slightly to $187.49 million from $189.88 million on Friday.

*This is not investment advice.