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Crypto

BlackRock-Linked Inflows Fuel Bitcoin ETF Rebound Amid Stable Altcoin Demand

Guavy AI Editorial Team
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BTC
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US-listed spot Bitcoin ETFs rebounded on Monday after two sessions of withdrawals, with net inflows totaling $216.7 million.

The majority of this influx came from BlackRock's iShares product, which accounted for about 95% of daily inflows, adding $205.9 million to its portfolio.

Grayscale's Bitcoin Mini Trust attracted $9.4 million, while Fidelity's Wise Origin Bitcoin Fund and Bitwise's Bitcoin ETF brought in smaller amounts.

In contrast, VanEck's Bitcoin ETF reported net withdrawals of $13.4 million on the day.

Ether spot ETFs continued their recent momentum, with $87.7 million in net inflows on Monday, marking an 11th consecutive session with positive flows.

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