Bitcoin Spot ETFs See Inflows as Price Nears $71K, Potential for Further Gains

• Bitcoin spot ETFs snapped a 5-day outflow streak and accumulated over $15M on Monday • Fidelity's FBTC led inflows at $261.8M, followed by BlackRock's IBIT at $35.5M • Grayscale's GBTC continued bleeding money, losing over $350M • Bitcoin rose over 50% since spot ETFs debuted on Jan 11, briefly topping $71K on Monday
• Quarter-end flows into spot ETFs could be stronger than usual, potentially lifting bitcoin to new highs