Crypto
Bitcoin ETFs Attract Record $1 Billion in Largest Daily Inflow in Almost a Year
The Bitcoin ETFs in the US saw a massive influx of nearly $1 billion on Monday (21), marking the largest daily flow into these products in almost a year.
This surge occurred as the price of Bitcoin reached an all-time high, surpassing $87,000 for the first time since January.
The IBIT from BlackRock led the pack with $381.4 million in inflows, followed closely by ARKB from Ark Invest and 21Shares with $289.1 million, and FBTC from Fidelity with $238.8 million.
Grayscale, Bitwise, and Morgan Stanley funds also ended the day with a positive balance.