• U.S. spot Bitcoin ETFs saw $105.12 million in net inflows on Monday.

  • Fidelity’s FBTC led with $77 million in inflows.

  • Cumulative net inflows for these ETFs now total $13.96 billion.

A net inflow of $105.12 million was recorded on Monday for exchange-traded funds (ETFs) that track spot Bitcoin in the US, maintaining their upward trend. For these financial instruments, there have been net inflows for the past 15 days.Inflows into the ETFs over this period have exceeded $2.28 billion.

Bitcoin ETF Tracker | 2024-06-03 Daily Total Net Inflow +$105.12M Total Value Traded $1.78B Total Net Assets $59.42B ETF Market Value Ratio 4.36% Net Inflows/Outflows for Each ETF FBTC +$77.05M BITB +$14.31M ARKB +$10.71M HODL +$1.95M BTCW… pic.twitter.com/GfeywmZjuE

— SoSo Value (@SoSoValueCrypto) June 4, 2024

Fidelity’s FBTC Leads the Pack

The leader was revealed as Fidelity’s FBTC, which received $77 million in inflows on Monday. In second place, Bitwise’s BITB brought in a net of $14 million, based on SoSoValue data. $11 million was added by the Ark Invest and 21 Shares ARKB ETF. 

There were no inflows into either of the two biggest spot bitcoin ETFs offered by BlackRock and Grayscale. Less than $2 million in inflows were reported for the spot ETFs offered by VanEck and WisdomTree.

Longest Streak Since January

The 17 days of net inflows that began in January are the longest positive run since the U.S. spot bitcoin ETFs launched, with the current 15-day streak being the second longest.

The cumulative total net inflows now stand at $13.96 billion. This sustained interest reflects the growing confidence and investment in bitcoin through regulated financial products.

The consistent inflows into U.S. spot Bitcoin ETFs demonstrate strong investor interest in and trust in the cryptocurrency sector. 

With donations from well-known companies like Bitwise and Fidelity, the trend demonstrates how Bitcoin is becoming more widely recognized and incorporated into conventional investment portfolios.

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  • Cardano Sees Over 1,000% Surge in Inflows: What’s Next?

  • Fidelity and BlackRock Lead Bitcoin ETF Inflows: Will This Surge Shape the Future of Crypto Investments?

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