Bitcoin starts week with $600 million ETF inflow amid $107k all-time high

Bitcoin began the week with a notable $636 million inflow, reaching a new all-time high of $107,700 on Dec. 16. This marks another milestone for the digital asset after briefly consolidating around the $100,000 level in recent weeks.

Spot Bitcoin ETFs played a significant role in Monday’s market activity, recording a combined inflow of $636.9 million. BlackRock’s IBIT led with $418.2 million, followed by Fidelity’s FBTC at $116.1 million and Bitwise’s BITB at $30.7 million. ARK Invest’s ARKB saw $47.7 million, while Grayscale’s GBTC contributed $17.6 million. No funds reported outflows.

The surge emphasizes Bitcoin’s continued upward trajectory amid increasing institutional adoption and robust demand for spot ETFs. Since surpassing $100,000 on Dec. 5, Bitcoin has maintained strong market momentum despite periods of minor retracement, remaining within 10% of its all-time high.

At the time of reporting, Bitcoin trades near $107,000.

Analyst

Liam ‘Akiba’ Wright

Editor-in-Chief at CryptoSlate

Also known as “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.