U.S. spot Bitcoin exchange-traded funds witnessed daily net inflows of $274.6 million on Monday, the highest since February 4.
Recently, Bitcoin ETFs faced substantial selling pressure, experiencing five consecutive weeks of net outflows totaling approximately $5.4 billion, according to SoSoValue data.
“This shift indicates growing confidence, driven by Bitcoin’s price stabilization and renewed institutional interest,” said Rachael Lucas, a crypto analyst at BTC Markets.
Lucas highlighted that quarter-end institutional portfolio rebalancing and increased demand for lower-fee ETFs contributed to the positive inflows.