Quick Take:

• 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw $241.12 million in net inflows on Monday.
• These funds have accumulated nearly $1.2 billion in the past six days.

U.S. spot bitcoin ETFs continue to attract daily net inflows, marking the sixth consecutive day of positive inflows, the longest streak since mid-March.

On Monday, Ark Invest and 21Shares’ spot bitcoin ETF led with $68 million in inflows, followed closely by BlackRock’s IBIT with $66 million. Fidelity’s FBTC saw $64 million in net inflows, while Bitwise’s spot ETF recorded $28 million.

Even Grayscale’s GBTC, which previously experienced net outflows, garnered $9 million in net inflows. WisdomTree’s BTCW fund received $5 million.

Over the past six days, the collective net inflows for the 11 spot bitcoin ETFs amounted to over $1.18 billion, bringing the total net inflows since January to $12.87 billion. Despite this surge, overall flows remain below their peak in March.

Meanwhile, bitcoin’s price surged 6.35% in the past 24 hours, surpassing $71,000. Bloomberg ETF analysts Eric Balchunas and James Seyffart have raised the probability of the U.S. Securities and Exchange Commission approving spot ether ETFs from 25% to 75%.