Bitcoin ETFs Take Nearly $1B in a Day as Average Holder Returns to Profit
60-second summary
Bitcoin ETFs absorb nearly $1 billion in a single day, outpacing the total net inflow recorded for the entire previous week, which marked the funds’ weakest weekly addition ever. The surge reflects a rapid return of average investors seeking profit after recent price gains, suggesting renewed confidence that could boost ETF assets and reinforce broader crypto market momentum.
The funds pulled in more on Monday than across the whole of last week, when they posted the weakest net inflow of their history.