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Bitcoin ETFs return to inflows after a one-day break
Bitcoin spot ETFs added about $217 million on Monday, while ether ETFs extended their streak to 11 straight net buying days.
CoinDesk reports that U.S. spot bitcoin ETFs resumed net inflows after a one day interruption, pulling in about $217 million Monday following an outflow of roughly $202 million on Friday.
The report says the Friday outflow ended a nine day buying run that began Aug. 19, which matched the longest inflow streak earlier in the year.
CoinDesk also notes that ether ETFs did not post a red day, with Monday’s roughly $88 million net buy taking the streak to 11 consecutive days.
The update comes as broader risk assets faced pressure, with bitcoin trading lower from an Asian session high and Nasdaq futures down, while oil gained and bond yields rose.
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