U.S. spot bitcoin ETFs attracted US$265.69 million on Monday, the biggest daily inflow in more than a month and the second in three sessions after snapping a long period of outflows on July 2, according to data from SoSoValue. Ether ETFs added $20.66 million on the day, led by BlackRock’s ETHA at $23.29 million.
BlackRock’s IBIT absorbed $209.40 million of the total bitcoin, with ARKB receiving $32.98 million and Grayscale’s BTC mini-fund $42.25 million. GBTC lost $44.45 million, the only fund in the red.
The daily queue has not yet corrected the weekly pattern. Spot bitcoin ETFs still lost a net $526.6 million in the holiday-shortened week, the eighth consecutive week of negative flows. Ether ETFs lost $13.7 million for the week.
Total assets of bitcoin ETFs rose again to $77.32 billion from a June 30 low of $70.95 billion, helped by both the price recovery and the reverse bid. Bitcoin was trading around $63,200 after the data was received, according to data from CoinDesk.