US Spot Bitcoin ETFs Record $129 Million Inflow, Fidelity Leads

U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest net inflow since June 7, 2024, accumulating $129.45 million. Fidelity’s FBTC led the inflow on Monday with $65.03 million.

Fifth Consecutive Day of Inflows for U.S. Bitcoin ETFs

On Monday, U.S. spot bitcoin ETFs recorded $1.36 billion in trading volume and attracted $129.45 million in inflows. This marked the fifth consecutive day of inflows and the highest since June 7, according to stats from sosovalue.xyz and coinglass.com.

Fidelity’s FBTC secured $65.03 million in inflows, leading the pack on July 1. Bitwise’s BITB followed with $41.4 million.

Ark Invest and 21shares’ ARKB fund saw $12.65 million in inflows. Three other ETFs had smaller inflows compared to FBTC, BITB, and ARKB.

Vaneck’s HODL brought in $5.37 million, Invesco and Galaxy’s BTCO collected $3.16 million, and Franklin Templeton’s EZBC gained $1.84 million.

Other funds, including GBTC, IBIT, BRRR, BTCW, and DEFI, experienced a neutral day with neither inflows nor outflows.

With Monday’s inflows, the cumulative total net inflow since Jan. 11, 2024, stands at $14.65 billion. Additionally, the 11 U.S.-based ETFs hold $54.92 billion in BTC reserves.

What do you think about the ETF action on Monday? Share your thoughts and opinions about this subject in the comments section below. #Write2Earn