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Crypto

BlackRock-Driven Inflows Rebound Bitcoin ETFs by $217M

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BTC
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US-listed spot Bitcoin ETFs rebounded on Monday after two sessions of withdrawals, recording $216.7 million in net inflows.

The majority of this growth came from BlackRock's iShares product, which accounted for about 95% of daily inflows with $205.9 million net.

This is a significant reversal, as the prior outflow day ended a nine-session streak that brought more than $3 billion into the complex.

Meanwhile, spot Ether ETFs continued adding new capital, recording $87.7 million in net inflows and extending their recent run of positive sessions to 11 consecutive days.

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