U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest net inflow since June 7, 2024, accumulating $129.45 million. Fidelity’s FBTC led the inflow on Monday with $65.03 million.
US Spot Bitcoin ETFs Record $129 Million Inflow, Fidelity Leads
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Fifth Consecutive Day of Inflows for U.S. Bitcoin ETFs
On Monday, U.S. spot bitcoin ETFs recorded $1.36 billion in trading volume and attracted $129.45 million in inflows. This marked the fifth consecutive day of inflows and the highest since June 7, according to stats from sosovalue.xyz and coinglass.com.
Fidelity’s FBTC secured $65.03 million in inflows, leading the pack on July 1. Bitwise’s BITB followed with $41.4 million.
Ark Invest and 21shares’ ARKB fund saw $12.65 million in inflows. Three other ETFs had smaller inflows compared to FBTC, BITB, and ARKB.
Vaneck’s HODL brought in $5.37 million, Invesco and Galaxy’s BTCO collected $3.16 million, and Franklin Templeton’s EZBC gained $1.84 million.
Other funds, including GBTC, IBIT, BRRR, BTCW, and DEFI, experienced a neutral day with neither inflows nor outflows.
With Monday’s inflows, the cumulative total net inflow since Jan. 11, 2024, stands at $14.65 billion. Additionally, the 11 U.S.-based ETFs hold $54.92 billion in BTC reserves.
What do you think about the ETF action on Monday? Share your thoughts and opinions about this subject in the comments section below.
About the author
WRITTEN BYJamie RedmanNews Lead
Jamie Redman is the News Lead at Bitcoin.com News and a financial technology journalist based in Massachusetts.
