Bitcoin ETFs Add $381 Million in Biggest Day Since January
Bitcoin exchange-traded funds (ETFs) experienced their strongest single-day performance in nearly three months, with $381.3 million in net inflows on Monday, the highest since January 30. ARK 21Shares’ ARKB led with $116.13 million, followed by Fidelity’s FBTC with $87.61 million. This shift follows a period of low demand, attributed to macroeconomic uncertainty and liquidity tightening. U.S. digital asset products had previously seen $71 million in outflows, while other regions recorded $75.4 million in inflows. Analysts noted a resurgence in institutional interest, influenced by changing monetary policy expectations and political speculation regarding the Federal Reserve Chair's position. Bitcoin is increasingly viewed as a macro asset, moving in sync with broader market trends. Bitcoin's price is currently $88,585, reflecting a 1.5% increase in 24 hours. Predictions suggest a 72.4% chance Bitcoin will exceed $87,000 by Wednesday, with potential for significant market shifts in the latter half of 2025 if ETF flows and regulatory clarity improve.
