Bitcoin ETFs Just Had Their Best Day in Months as Crypto Market Rebounds
U.S. Bitcoin ETFs experienced their strongest inflows since October, with $697.2 million added on Monday. BlackRock’s iShares Bitcoin Trust led, posting $372.5 million in new inflows—over half the daily total—after already reaching a three-month high on Friday. Fidelity’s Wise Origin Bitcoin Fund followed, attracting $191.2 million. As of writing, Bitcoin’s price slightly dipped to $92,080, down 2.3% in 24 hours, but remains up 4.4% on the week. Myriad prediction market users now give a 74% chance Bitcoin reaches $100,000 before falling to $69,000, a significant shift from December’s near-even split. Although Bitcoin dropped below $90,000 last December, it recovered above $94,000 recently. ETF holdings have risen, now totaling $122.86 billion in Bitcoin. Meanwhile, Morgan Stanley filed with the SEC to launch its own Bitcoin and Solana ETFs, the Morgan Stanley Bitcoin Trust and Solana Trust, though details on fees and custody partners remain undisclosed.
