Grayscale’s GBTC spot bitcoin exchange-traded fund saw its second daily net inflows on Monday, drawing in $4 million into the converted trust, according to data from SosoValue. The GBTC ETF ended its 78-day streak of net outflows on Friday, when it added $63 million.
Meanwhile, the 11 U.S.-based spot bitcoin ETFs added a total of $217.06 million worth of funds on Monday. Fidelity’s FBTC led the net inflows with $99 million, while Ark Invest’s bitcoin fund drew in $76 million, according to SosoValue data. The funds continued the positive flow they regained last Friday, which was the first total net inflow since April 23. Last month recorded the first net monthly outflow for the U.S. spot bitcoin ETFs, with about $343.5 million being moved out of the funds.
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