#FOMCMeeting Bitcoin exchange-traded funds add $BTC
412 million dollars and extend the flow series to 6 days despite the Israel-Iran conflict
Bitcoin exchange-traded funds (ETFs) in the United States recorded net inflows of 412.2 million dollars on Monday, extending the flow series to six days and raising the total cumulative inflows to 46.04 billion dollars.
This ongoing series of inflows began on June 9, absorbing over 1.8 billion dollars of capital so far, according to SoSoValue data. The inflows continued despite escalating geopolitical tensions, including the renewed conflict between Iran and Israel.
Daily contributions included 386.27 million dollars on June 9, followed by a jump of 431.12 million dollars on June 10. Despite a slight mid-week decline, inflows rebounded strongly with 322.60 million dollars on Friday, and finally 412.2 million dollars on Monday.
Total net assets across all American Bitcoin (BTC) funds reached 132.5 billion dollars, representing 6.13% of the total market capitalization of Bitcoin. Trading volumes remained strong, with 3.12 billion dollars traded on Monday alone.