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Spot bitcoin ETFs post $458 million in net inflows as institutions buy into global instability: analysts

The Block
U.S. spot bitcoin ETFs saw $458.2 million in net inflows Monday, driven by institutional buying amid global instability.

Summary

U.S. spot bitcoin ETFs recorded $458.2 million in net inflows on Monday, led by $263.2 million into BlackRock's IBIT, signaling a turning point after weeks of outflows. Analysts suggest major allocators view current prices as an attractive entry point despite recent corrections and ongoing global turbulence, contrasting with retail sentiment which remains in "extreme fear."

Institutions are reportedly positioning for a macro recovery, leaning on Bitcoin's structural fundamentals and viewing it as a maturing diversifier and hedge against global uncertainty, such as U.S.-Iran tensions. This coordinated buying suggests large allocators like pension funds are seeking relative value. Other crypto ETFs also saw inflows, with spot Ethereum funds gaining $38.7 million. While de-escalation could boost inflows, further instability is expected to drive volatility.

(Source:The Block)