Bitcoin ETFs Draw Record $2.26B in Six-Day Inflow Streak
Bitcoin ETFs have seen an impressive six-day inflow streak, with net assets totaling $2.26 billion. The surge in demand has reduced year-to-date net outflows to around $2.57 billion.
Monday's net inflows stood at $337.6 million for US spot Bitcoin exchange-traded funds (ETFs), marking the sixth consecutive day of inflows. This brings the cumulative net inflows since launch to a staggering $54 billion, with total net assets reaching $98.56 billion.
The performance of other cryptocurrencies' ETFs is also noteworthy. Spot Ether ETFs added $115.6 million in net inflows on Monday, bringing their six-session total to around $812.8 million. Spot XRP ETFs recorded $13.8 million in net inflows, with year-to-date inflows nearing $400 million and cumulative net inflows since launch totaling $1.57 billion.