U.S. spot Bitcoin ETFs saw significant financial movements, with $591.3 million in net inflows on Monday, extending a trend of over $3.3 billion from the previous week. BlackRock’s iShares Bitcoin Trust led the charge with notable inflows, while some funds like ARK 21Shares recorded outflows. Bitcoin maintained a stable price above $95,000, supported by institutional demand and developments favoring crypto regulation. The bullish sentiment is attributed to macroeconomic improvements and increasing acceptance of Bitcoin as a mainstream investment vehicle.
IBIT has established itself as the clear market leader, now controlling the majority of total US spot Bitcoin ETF assets.
The sustained institutional interest comes amid improving macro conditions and growing mainstream adoption of Bitcoin as an investment asset.
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