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Cryptocurrency News Articles
U.S. Spot Bitcoin ETFs See $380M Inflows on Monday
Apr 23, 2025 at 03:00 am
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a significant $380.4 million in net inflows on Monday, marking their largest daily gain
U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed a substantial $381.4 million in net inflows on Monday, marking their largest daily gain since January 30, as per data from SoSoValue.
The surge in institutional capital into spot Bitcoin products came as Bitcoin outperformed traditional markets, rising against a backdrop of sharp losses in major U.S. stock indexes and a weakened dollar.
Among the 12 spot Bitcoin ETFs, ARK and 21Shares’ ARKB posted the largest single-day inflow with $116.1 million, reflecting increased investor confidence in crypto as a hedge against macroeconomic volatility.
Fidelity’s FBTC followed with $87.6 million in inflows. Bitwise’s BITB attracted $45.1 million, further validating growing institutional interest in Bitcoin.
The full data for BlackRock’s IBIT — the largest U.S. spot Bitcoin ETF — wasn’t detailed in the report’s final sentence, but early indications suggest continued strong demand for the product.
The post U.S. Spot Bitcoin ETFs See $381M Inflows on Monday as BABA Surges 13% appeared first on SoSoValue.
The post U.S. Spot Bitcoin ETFs See $381M Inflows on Monday as BABA Surges 13% appeared first on SoSoValue.
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