U.S. spot bitcoin ETFs drew a net $998.95 million on Monday, their ninth-largest daily inflow since the funds launched in January 2024. Bitcoin briefly topped $87,000 before easing back, extending a rally that has lifted the coin 44% this quarter.
U.S. spot bitcoin ETFs pulled in a net $998.95 million on Monday, the ninth-largest daily inflow since the funds began trading on Jan. 11, 2024. BlackRock's IBIT led the day with $381.37 million, followed by Ark's ARKB at $289.12 million and Fidelity's FBTC at $238.84 million.
Bitcoin itself briefly surged above $87,000 on Monday before pulling back, trading up 4.7% at $85,400 early Tuesday. The coin has risen 44% to $85,000 this quarter, outperforming every other major asset.
Institutions return after a rocky week
The rebound follows two setbacks bitcoin absorbed just days earlier: a failed Senate cloture vote on the Clarity Act and a Fed interest-rate increase. Monday marked the first three-day streak of gains in two weeks, and the fresh inflow lifted September's month-to-date tally to $1.31 billion, following a $3.52 billion inflow in August.
Short covering adds to the momentum
According to CoinGlass data, crypto liquidations totaled $1.06 billion over the past 24 hours, including $844 million in short positions. According to The Block: "Monday's unusually large ETF inflows likely added momentum by signaling renewed institutional demand," said Min Jung, research associate at Presto Research.
Spot Ether ETFs also drew $269.98 million in net inflows on Monday, their largest single-day haul since Oct. 7, 2025. Even so, spot bitcoin ETFs remained down $450 million on a year-to-date basis, a reminder that Monday's rebound has yet to erase the year's earlier outflows.
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