Bitcoin ETFs Attract $337.6 Million as Institutional Interest Soars

Bitcoin exchange-traded funds (ETFs) in the U.S. continued to attract significant inflows, totaling $337.6 million on Monday and extending their streak to six sessions.

This brings the total amount of money invested in these funds over the past week to a staggering $2.26 billion, demonstrating renewed institutional interest in Bitcoin.

The two largest funds, BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC), accounted for roughly 93% of Monday's inflows, with IBIT capturing $208.9 million and FBTC adding $104.6 million.

This concentration of inflows among just two issuers has analysts flagging the importance of broader participation across other fund providers to confirm expanding demand beyond the dominant players.