Spot Bitcoin ETFs see $458M in inflows as Mideast conflict widens
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US spot Bitcoin funds saw strong inflows and rising volumes on Monday as institutional demand held up despite widening Middle East tensions and broader market uncertainty.
US spot Bitcoin funds opened the week with strong inflows, extending last week’s rebound even as conflict in the Middle East escalated.
Bitcoin (BTC) exchange-traded funds (ETFs) recorded $458.2 million of inflows on Monday, extending last week’s $787.3 million in net inflows, according to data from SoSoValue.
The latest gains pushed cumulative net inflows to $55.3 billion. Trading volume climbed to about $5.8 billion, the highest level since early February.
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