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spot Bitcoin ETFs recorded the strongest single-day inflow in over a month and a half.
U.S. spot Bitcoin ETFs saw $471.3 million in net inflows on Monday, the highest since February 25.
KEY POINTS
- BlackRock’s IBIT, Fidelity’s FBTC, and ARK/21Shares’ ARKB were the top contributors to Monday’s inflows.
- Monday’s inflows erased the $173.7 million net outflows recorded on April 1 for Bitcoin ETFs.
- Spot Ethereum products recorded $120.2 million in net inflows, the highest daily total since mid-March.
- Donald Trump set an April 7 deadline for Iran to reopen the Strait of Hormuz, escalating geopolitical risks.
COMPANIES
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