CMC News

$ETH and $BTC Spot #ETFs Record Combined $1B Daily Inflows

U.S.-listed Bitcoin and Ethereum spot exchange-traded funds attracted over $1 billion in combined net inflows on Monday. $ETH ETFs pulled in $547 million while Bitcoin ETFs registered $522 million, marking a significant reversal in investor sentiment.

$BTC spot ETFs mirrored the positive momentum with $522 million in net inflows during the same period. Fidelity's FBTC topped the Bitcoin group with $299 million in inflows, while ARK 21Shares $BTC ETF captured $62 million as most other products posted gains.

Spot Ethereum ETFs ended a five-day outflow streak with Monday's performance. The nine products collectively logged $547 million in net inflows, according to SoSoValue data, with Fidelity's #Ethereum Fund leading the group through $202 million in single-day inflows.

#BlackRock's iShares Ethereum Trust added $154 million to its holdings. Total net assets under management for Ethereum ETFs now stand at $27.5 billion, representing approximately 5.4% of $ETH circulating market capitalization.

BlackRock's iShares Bitcoin Trust experienced a modest net outflow of $46.6 million, making it the only Bitcoin ETF to see negative flows. The 12 #Bitcoin spot ETFs collectively hold $150 billion in assets under management, accounting for 6.6% of $BTC total market cap.