Fidelity and BlackRock led the rebound in spot Bitcoin ETFs on Monday, with FBTC pulling in $65.56 million and IBIT adding $63.38 million.
Spot Bitcoin exchange-traded funds (ETFs) ended a six-day streak of net outflows on Monday, with $219 million in daily inflows.
ETF data platform SoSoValue showed that spot Bitcoin (BTC) ETFs rebounded on Monday, marking a shift in sentiment after six consecutive trading days of net outflows.
The outflow streak started on Aug. 15 and extended through Friday, with the biggest outflows coming at $523.31 million on Aug. 19, followed by $311.57 million on Wednesday.
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