U.S. Spot Bitcoin and Ethereum ETFs Post Net Inflows on Monday

U.S.-listed spot Bitcoin and Ethereum ETFs returned to net inflows on Monday, pointing to a pickup in demand after a soft stretch, CoinDesk reported. SoSoValue data show spot Bitcoin ETFs took in $265.69 million in net inflows for the day, the strongest single-day intake in more than a month. Spot Ethereum ETFs added $20.66 million. For Bitcoin products, BlackRock's IBIT led the move with $209.4 million of net inflows. ARKB brought in $32.98 million, and Grayscale's Bitcoin Mini Fund saw $42.25 million. Grayscale's GBTC was the only spot Bitcoin ETF to post a net outflow, losing $44.45 million. Ethereum inflows were largely concentrated in BlackRock's ETHA, which recorded a single-day net inflow of $23.29 million, accounting for nearly all of the segment's new capital. While daily flows have improved versus earlier levels, the weekly picture remains negative. In a holiday-shortened week, spot Bitcoin ETFs posted a net outflow of $526.6 million last week, extending the streak to eight consecutive weeks of net withdrawals. Spot Ethereum ETFs recorded a net outflow of $13.7 million last week. Assets under management for spot Bitcoin ETFs have recovered from $70.95 billion on June 30 to $77.32 billion, supported by both a rebound in Bitcoin's price and a return of inflows. CoinDesk data showed Bitcoin trading around $63,200 at the time the flow figures were released.