BlackRock Dominates Spot Bitcoin ETF Rebound with $216.7 Million Inflows

Spot Bitcoin exchange-traded funds (ETFs) rebounded from two days of outflows, attracting $216.7 million in net inflows on Monday. BlackRock's iShares Bitcoin Trust (IBIT) was responsible for a staggering $205.9 million, or roughly 95% of the category total.

This marks a reversal from Friday's $201.8 million withdrawal, which had interrupted a nine-session run that brought more than $3 billion into the category.

Bitcoin itself traded near $78,700 at the time of writing, up about 1.5% over 24 hours according to CoinGecko.