Bitcoin ETFs Just Had Their Best Day in Months as Crypto Market Rebounds

In brief

  • Bitcoin ETFs recorded their strongest inflows since early October with $697.2 million on Monday, more than half coming from BlackRock’s iShares Bitcoin Trust.
  • Bitcoin rebounded above $94,000 on Monday after dipping below $90,000 in December.
  • Morgan Stanley filed with the SEC to launch its own Bitcoin and Solana ETFs, joining the growing competition in the crypto fund space.

Bitcoin ETFs in the U.S. marked their best day worth of inflows since early October on Monday as the funds pulled in $697.2 million.

BlackRock’s iShares Bitcoin Trust was already on a roll, pulling in $287.4 worth of inflows on Friday—already a three-month peak. But yesterday, the fund outdid itself by accounting for more than half of the total daily…

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