$532M Rushes Into Bitcoin ETFs as BTC Reclaims $80K Level

BlackRock’s IBIT led with $335.49 million, followed by Fidelity’s FBTC and Morgan Stanley’s fund. The inflows followed strong gains at the end of last week and reversed prior outflows totaling $490.63 million. Spot Ethereum ETFs also recorded $61.29 million in inflows, which contributed to cumulative net inflows of more than $12 billion. Bitcoin ETF Inflows Extend Winning Streak Bitcoin climbed back above the $80,000 level, which helped drive a fresh wave of capital into spot Bitcoin ETFs. The funds recorded a combined $532.21 million in net inflows on Monday, extending a three-day streak of positive momentum. The bulk of Monday’s inflows was concentrated in a handful of major products, with BlackRock’s iShares Bitcoin Trust leading after attracting $335.49 million. Fidelity’s Wise Origin Bitcoin Fund followed with $184.57 million, while Morgan Stanley’s Bitcoin ETF posted a smaller $12.16 million in inflows. Most of the other funds remained flat. Bitcoin ETF flows (Source: Farside Investors) This new inflow trend builds on strong activity at the end of last week, when ETFs pulled in $629.73 million on Friday after a quieter $14.76 million session on Thursday. The reversal is welcomed given the preceding stretch of three consecutive outflow days, during which funds saw a combined $490.63 million exit the market. Now, the sharp turnaround suggests that institutional sentiment may be stabilizing. Bitcoin’s price action over the past 24 hours reflects this shift in sentiment. After trading below the $79,000 region earlier in the day, the asset staged a steady recovery by breaking above $80,000 and pushing toward the $81,500 range before encountering mild resistance. The move higher has been relatively controlled rather than explosive, which could mean that there is consistent accumulation rather than short-term speculative spikes. At press time, Bitcoin was holding around $80,700. BTC’s price action over the past 24 hours (Source: CoinCodex) Meanwhile, spot Ethereum ETFs also contributed to the positive tone after recording $61.29 million in inflows on Monday. This followed a stronger $101.18 million session on Friday, pushing cumulative inflows for Ether products beyond the $12 billion mark. Ethereum ETF flows (Source: Farside Investors) The recovery comes after a volatile end to April, where several sessions saw outflows, including declines of $87.73 million and $75.94 million on separate days. Overall, the combination of improving macro conditions, sustained ETF inflows, and resilient price action points to a market that is regaining its confidence.