U.S. spot bitcoin ETFs raised $265.69 million on Monday, the largest daily inflow in more than a month and the second in three sessions after July 2 broke a long streak of outflows, according to data from SoSoValue. Ether ETFs added $20.66 million on the same day, led by BlackRock’s ETHA with $23.29 million.
BlackRock’s IBIT absorbed $209.40 million of the bitcoin total, ARKB absorbed $32.98 million, and Grayscale’s mini BTC fund added $42.25 million. GBTC lost $44.45 million, the only fund in the red.
The daily turnover has not yet set the weekly outlook. Spot bitcoin ETFs still lost a net $526.6 million during the shortened holiday week, an eighth consecutive week of negative flows. Ether ETFs lost $13.7 million on the week.
Total bitcoin ETF assets rose again to $77.32 billion from a June 30 low of $70.95 billion, helped by both the price recovery and a return in supply. Bitcoin was trading near $63,200 when the data came in, according to data from CoinDesk.
