Bitcoin sustained its position above $81,000 on Monday as digital asset markets extended their recovery during Asian trading sessions. The leading cryptocurrency registered a modest increase of less than 1% over the 24-hour period, building on momentum that emerged following regulatory approval for certain onchain tokenized stock trading activities.
Market analysts attributed Bitcoin's weekend price movement to short position liquidations alongside improved risk appetite across global financial markets. Asian stock markets rallied following statements from U.S. officials characterizing trade negotiations with China as constructive.
ETF Investment Flows Stabilize
U.S. spot Bitcoin exchange-traded funds concluded the previous week with $6.2 million in cumulative net inflows, salvaged by a substantial $433 million inflow recorded on Friday—the strongest single-day performance since September 3.
Fidelity's Bitcoin ETF captured $310.7 million of Friday's aggregate inflows, while BlackRock's product attracted $108.4 million. Earlier in the trading week, these investment vehicles had experienced significant redemptions of $450.3 million on Tuesday and $296 million on Wednesday.
Bitcoin ETFs continue to show approximately $1.45 billion in net outflows for the current year, though cumulative inflows since product launches total $55.16 billion.
Spot Ether ETFs exhibited contrasting flow patterns, registering approximately $140 million in weekly net outflows and terminating a four-week streak of positive flows.
NEAR Protocol Surges on Zcash Integration
NEAR Protocol emerged as one of the top-performing major digital assets, climbing approximately 23% to reach levels just above $4. The significant price appreciation accompanied elevated activity on NEAR Intents, a cross-chain service enabling users to exchange assets across multiple blockchain networks without requiring manual fund transfers between platforms.
Several wallet providers, including ZODL and Vizor, have incorporated the service to facilitate Zcash trading functionality. Daily Zcash transaction volume processed through NEAR Intents expanded roughly six times over the previous week. Zcash itself appreciated around 3% to trade above $1,500.
Other digital assets posted mixed gains, with BNB advancing approximately 2% to approach $777, while Ether and Hyperliquid similarly posted gains near 2%. XRP, Dogecoin, Solana and Tron registered more modest increases of approximately 1% or less.
