Bitcoin ETFs Pull in Nearly $1 Billion as Average Holder Returns to Profit
Near $1 Billion Day for Bitcoin ETFs
U.S. spot Bitcoin exchange-traded funds (ETFs) drew in $998.95 million on Monday, their biggest single-day inflow since October 2025, according to data from SoSoValue. The surge came just one week after the same group of funds posted their smallest weekly net inflow across 141 weeks of trading.
BlackRock's IBIT led the pack with $381.37 million. Ark and 21Shares' ARKB followed at $289.12 million, while Fidelity's FBTC took in $238.84 million. Smaller contributions came from Morgan Stanley's MSBT at $61.67 million and Bitwise's BITB at $21.56 million. Grayscale's two funds each recorded single-digit million inflows, while VanEck's HODL and Valkyrie's BRRR saw no new money.
Average Holder Back in Profit
Bitcoin's price rally moved the cryptocurrency above an estimated ETF cost basis of $81,722 per coin, putting the average holder of a U.S. spot Bitcoin fund back in profit for the first time since January 2026. Bitcoin was trading near $85,900 at the time, roughly 5% above that mark.
"The average Bitcoin ETF Holder is back above water for the first time since January," said James Seyffart, an analyst at Bloomberg Intelligence.
This milestone matters more than the raw inflow number, according to David Wachsman, president of Hawkeye Digital. He noted that holders sitting on losses often sell at the first opportunity to break even, which has been weighing on demand this year. With the average buyer finally in the green, it should become clearer whether institutions are genuinely seeking more Bitcoin exposure.
Trading Volume and Institutional Demand
The funds turned over about $4.5 billion, which Seyffart called not especially high given the size of Bitcoin's move. The trading volume was slightly below the $4.6 billion recorded on Friday. Eric Balchunas, also of Bloomberg Intelligence, said the figure was elevated compared to stock and gold ETFs, with IBIT near the top 10 by trading volume.
Balchunas cautioned that Monday's flows largely reflect Friday's buying activity rather than Monday's, meaning the market's response to this week's price move has yet to fully show up in the data.
What the Numbers Show
- Cumulative net inflows since ETF launch: $56.16 billion
- Total assets held by funds: $110.14 billion
- ETF holdings as percentage of Bitcoin's market cap: 6.30%
Market Context
Vikas Gupta, country manager for India at cryptocurrency exchange Bybit, said Bitcoin's recovery toward the $86,000–$87,000 range is being supported by renewed institutional demand, stronger spot ETF inflows, and evolving U.S. regulatory developments. He noted that the market has held up despite the Federal Reserve's rate hike and the failure of the Clarity Act, suggesting sentiment is responding to factors beyond monetary policy alone.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.