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Spot Bitcoin ETFs pulled in over $532 million on Monday as BTC surged past $80,000 amid improved risk sentiment following the US-Iran ceasefire.<\/p>\n
US spot Bitcoin ETFs recorded $532.21 million in net inflows on Monday as Bitcoin pushed back above the $80,000 mark amid improving risk sentiment following the ceasefire agreement between the US and Iran.<\/p>\n
BlackRock\u2019s iShares Bitcoin Trust (IBIT) led the pack with $335.49 million in daily inflows, followed by Fidelity\u2019s Wise Origin Bitcoin Fund (FBTC) with $184.57 million, according<\/a> to SoSoValue data. Morgan Stanley\u2019s Bitcoin ETF (MSBT) was the only other fund to post positive flows on the day, adding $12.16 million. The remaining funds recorded no new inflows.<\/p>\n Monday\u2019s inflows extended a three-day winning streak. On Friday, the funds pulled in $629.73 million, while Thursday saw a modest $14.76 million. The streak came after three consecutive days of outflows in which funds shed $490.63 million, the heaviest sustained redemption period in recent weeks.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n