US spot Bitcoin ETFs attracted $591.3 million in net inflows on Monday, extending last week’s momentum that saw over $3.3 billion in total inflows. BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $970.9 million in purchases, marking its second-largest daily inflow since launching in January.

“Nearly $1bil into iShares Bitcoin ETF today… 2nd largest inflow since Jan 2024 inception. I still remember when there was ‘no demand,’” Nate Geraci, president of the ETF Store, noted on social media.

The strong inflows were not uniform across all funds, however. ARK 21Shares Bitcoin ETF (ARKB) saw $226.3 million in outflows, while Fidelity’s Bitcoin ETF experienced…

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