Bitcoin ETFs Surge to $532M as BTC Clears $80K

Bitcoin ETFs recorded $532.21 million in net inflows on Monday as BTC surpassed $80,000.

The influx comes after three days of consecutive gains, including a high of $629.73 million on Friday and $14.76 million on Thursday.

BlackRock's iShares Bitcoin Trust (IBIT) led the charge with $335.49 million in daily inflows, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC) with $184.57 million.

The price of BTC rose 1.5% over the prior 24 hours to around $80,029 at the time of reporting.