Bitcoin hovered near $78,000 on Monday as institutional appetite for spot crypto exchange-traded funds showed renewed strength, even against the backdrop of a widening sell-off across global bond markets.
ETF Flows Bounce Back
Spot bitcoin ETFs pulled in roughly $217 million on Monday, snapping back to positive territory just one session after a single outflow ended a nine-day streak of consecutive inflows. The quick rebound suggests that institutional buyers remain committed to accumulating exposure despite short-term volatility in the broader market.
The reversal points to steady underlying demand for regulated bitcoin products, which have become a key barometer of how large investors view the asset class. A one-day interruption to a lengthy inflow run is often little more than a blip when demand fundamentals stay intact.
Institutional buyers returned in force, brushing off a single day of outflows to keep the bid alive.
Ether Funds Extend Their Run
Ether ETFs continued their own remarkable stretch, adding another day of positive flows to a streak that now spans 11 sessions. The funds have not registered a single day of net outflows since the middle of August, underscoring growing conviction in the second-largest cryptocurrency.
The sustained inflows into ether products mirror the broader institutional interest that has propelled the crypto ETF landscape throughout the year. For many allocators, ether has emerged as a compelling complement to bitcoin within diversified digital-asset portfolios.
Key figures from the latest session include:
- Bitcoin ETFs: about $217 million in net inflows
- Ether ETFs: an 11-day inflow streak with no red days since mid-August
- Bitcoin's spot price: trading around $78,000
Bonds Add Pressure
The crypto market's resilience comes as global bond markets face a deepening sell-off, with yields climbing and investors reassessing their exposure to fixed-income assets. Rising yields typically tighten financial conditions and can weigh on riskier holdings, making the steady ETF demand for crypto all the more notable.
For now, the combination of persistent institutional inflows and price stability near the $78,000 mark signals that crypto investors are holding their ground even as turbulence ripples through traditional markets.