BlackRock-Driven Rebound Brings $216.7M in Bitcoin ETF Inflows

US-listed spot Bitcoin exchange-traded funds (ETFs) bounced back from last Friday's outflows, driven largely by BlackRock. Data from SoSoValue showed that Bitcoin ETFs recorded $216.7 million in net inflows on Monday, reversing the $201.8 million in withdrawals seen on Friday.

This rebound marked an end to a nine-session run of withdrawals that had brought more than $3 billion into the funds. At the time of writing, Bitcoin was trading near $78,700, up about 1.5% over the past 24 hours according to CoinGecko.

BlackRock's iShares Bitcoin Trust ETF (IBIT) led the rebound with $205.9 million in net inflows, accounting for approximately 95% of the category's daily total. Fidelity's Wise Origin Bitcoin Fund (FBTC) added $6.9 million, while Bitwise Bitcoin ETF (BITB) brought in $4.3 million.

Grayscale's Bitcoin Mini Trust attracted $9.4 million, and Morgan Stanley's Bitcoin Trust added $3.6 million. VanEck's Bitcoin ETF (HODL), however, was the only fund to record withdrawals, posting $13.4 million in net outflows.