Bitcoin spot ETFs have seen a significant increase in fund inflows, pointing to a resurgence of institutional interest in cryptocurrencies
.On Monday alone, more than $556 million flowed into Bitcoin ETFs, marking the largest inflow since early June and demonstrating renewed confidence among investors
.
Fidelity’s ETF led the charge with $239 million in inflows, while Bitwise also contributed $100 million, illustrating a competitive market landscape
.
This news comes as Bitcoin prices have risen, reaching $65,780 as of Tuesday morning (European time), a 2.4% increase for the day
.
Ethereum has also benefited from this influx of institutional interest, with its spot ETFs recording a net inflow of $17 million.
