Bitcoin · Bitcoin ETF · SEC · Bloomberg · Bitcoin Magazine
Bitcoin Investors Buy Nearly $1 billion in BTC ETFs as Bull Market Returns
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
The Bitcoin bulls are back, if ETF flows are to be believed.
Key facts
- That’s the most in one day since October 6, when the funds received over $1.2 billion and the price of the leading cryptocurrency hit a new all-time high of $126,080
- Bitcoin’s price recently stood at $86,552 after scraping $87,330 on Monday
- Bloomberg ETF analyst James Seyffart on Monday said that the average ETF buyer is now in profit after the estimated ETF cost basis surged above $81,72 for the first time since January
- U.S. bitcoin exchange-traded funds received $999 million in new investment on Monday, according to Farside Investors data
Summary
U.S. bitcoin exchange-traded funds received $999 million in new investment on Monday, according to Farside Investors data. That’s the most in one day since October 6, when the funds received over $1.2 billion and the price of the leading cryptocurrency hit a new all-time high of $126,080. Bitcoin’s price recently stood at $86,552 after scraping $87,330 on Monday. Bitcoin ETFs in the U.S., approved by the SEC in 2024, have helped investors get exposure when they couldn’t before.