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BlackRock-led Bitcoin ETF inflows rebound after prior withdrawals
Monday net inflows totaled $216.7 million, reversing $201.8 million in outflows from Friday, according to SoSoValue data cited by Cointelegraph.
US-listed spot Bitcoin exchange-traded funds returned to inflows on Monday, driven nearly entirely by BlackRock’s iShares Bitcoin Trust ETF, Cointelegraph reports, citing SoSoValue data. The category recorded $216.7 million in net inflows on Monday after reversing $201.8 million in withdrawals on Friday.
Cointelegraph said the Friday outflows ended a nine-session streak that had brought more than $3 billion into the funds. Bitcoin was trading near $78,700 at the time of writing, up about 1.5% over the prior 24 hours, according to CoinGecko.
BlackRock’s IBIT led Monday’s rebound with $205.9 million in net inflows, accounting for about 95% of the category’s daily total, according to Farside Investors. Other funds with inflows included Fidelity’s Wise Origin Bitcoin Fund at $6.9 million and Bitwise’s Bitcoin ETF at $4.3 million, while VanEck’s Bitcoin ETF posted $13.4 million in net outflows.
The same story noted that spot Ether ETFs extended their inflow streak to 11 trading sessions, while XRP and Solana ETFs each logged a 10th consecutive positive session, according to Cointelegraph and the data providers cited in its report. Spot Ether ETFs attracted $87.7 million on Monday, with BlackRock’s ETHA leading at $59.9 million, while XRP funds recorded $5.64 million in net inflows.
Latest closeBitcoin $77,087.06 ▼1.5%|Solana $99.43 ▼2.1%|XRP $1.352 ▼3.0%