BlackRock Drives Bitcoin ETF Rebound with $217M Inflows

US-listed Bitcoin exchange-traded funds (ETFs) saw a significant rebound on Monday, driven largely by BlackRock's inflows. According to SoSoValue data, $216.7 million flowed into these funds, reversing the $201.8 million in withdrawals recorded just the previous day.

This marks the end of a nine-session streak that brought over $3 billion into the funds. Bitcoin was trading near $78,700 at the time of writing, up about 1.5% over the past 24 hours, according to CoinGecko.

Meanwhile, Ether ETFs extended their inflow streak to 11 sessions, while XRP and Solana funds each recorded a 10th consecutive positive session. BlackRock's iShares Bitcoin Trust ETF (IBIT) led Monday's Bitcoin ETF rebound with $205.9 million in net inflows, accounting for about 95% of the category's daily total.