US Bitcoin ETFs post 6-day inflow streak as crypto rallies
US-listed spot Bitcoin ETFs have tallied nearly $1 billion worth of inflows since March 9, with Bitcoin rising more than 12% to $74,250 in that time.
US-based spot Bitcoin exchange-traded funds recorded their sixth day of inflows on Monday as Bitcoin rose over 12% over the period, marking the longest streak of fresh capital into the ETFs since October last year.
Data from Farside Investors shows Bitcoin ETFs raked in $199.4 million of net inflows on Monday. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund led with $139.4 million and $64.5 million in inflows, respectively.
The Bitwise Bitcoin ETF and Franklin Bitcoin ETF tallied inflows of $2.8 million and $2.1 million, while the VanEck Bitcoin ETF and ARK 21Shares Bitcoin ETF saw outflows of $6.3 million and $3.1 million, respectively.