BlackRock Drives $217M Bitcoin ETF Rebound Amid Altcoin Fund Streaks

US-listed spot Bitcoin exchange-traded funds (ETFs) returned to inflows on Monday, reversing a nine-session run of outflows that totaled over $3 billion. The category saw net inflows of $216.7 million, according to SoSoValue data.

The turnaround was largely driven by BlackRock's iShares Bitcoin Trust ETF (IBIT), which recorded $205.9 million in net inflows and accounted for approximately 95% of the category's daily total. The fund's performance eclipsed that of other major players, including Fidelity's Wise Origin Bitcoin Fund (FBTC) and Bitwise's Bitcoin ETF (BITB).

Ether ETFs continued their streak of inflows, extending it to 11 trading sessions with $87.7 million in net inflows. BlackRock's iShares Ethereum Trust ETF (ETHA) led the charge, while Grayscale's Ethereum Mini Trust and Fidelity's Ethereum Fund also attracted capital.

$XRP and Solana funds each recorded a 10th consecutive positive session, with $XRP ETFs adding $5.64 million in net inflows and Solana ETFs attracting $925,010.