According to popular crypto exchange-traded funds (ETFs) tracker, Farside, the just-concluded business day was bullish for U.S.-approved spot bitcoin ETFs. Investors pulled about $381.3 million into the investment funds, showing renewed confidence in the world’s leading cryptocurrency, BTC.
Remarkably, Q1 2025 was not favorable for ETFs, as investors withdrew in large numbers due to the crypto market’s downturn. Thus, Monday marked the fund’s biggest inflow day of Q2 2025 and its most significant since January 30, 2025, when it recorded a massive $588.1 million intake.
Bitcoin ETF Investors Stack More
Unlike other days when BlackRock’s IBIT or Fidelity’s FBTC led the massive intake, Monday’s bitcoin ETF inflows made history as Ark21shares ARKB was at the forefront, attracting $116.1 million from investors. FBTC and IBIT trailed behind, taking in $87.6 million and $41.6 million, respectively.
Moreover, none of the approved investment funds recorded outflows on Monday. The likes of Grayscale’s GBTC, which has made a name for massive outpouring, amassed $36.6 million, marking its best business day in a while. Only three of the funds ended the day in dormancy, while Bitwise BITB, Franklin’s EZBC, VanEck HODL, and Grayscale’s BTC took in $99.4 million.
While bitcoin ETFs ended Monday on the green side, spot Ether ETFs in the U.S. saw a bearish day. Eight of the nine approved funds were dormant, while Grayscale’s ETHE single-handedly recorded $25.4 million in outflows. This is a result of the fund’s high annual maintenance charge of 2.5%.
Is a Pump on the Way?
The crypto market remains highly volatile and unpredictable, as many factors may influence price action. However, the recent jump in the price of BTC and other high-cap cryptos signals a forthcoming price uptrend.
Starting in Q2 2025, BTC has surged by approximately 19%, rising from $74,000 to $88,000. At the time of writing, the global crypto market capitalization stands at $2.77 trillion. The total crypto market volume over the past 24 hours is $89.3 billion, representing a 32.22% increase.
Meanwhile, according to popular analysts like Bernstein and ETF issuer VanEck, the crypto market will be bullish before the year runs out with BTC surging to $180,000. They also predict ETH conquering the $6,000 mark and SUI standing its ground above the $10 range.
