BlackRock Powers Bitcoin ETF Rebound Amid Strong Ethereum Momentum
Bitcoin ETFs rebounded strongly on Monday after a pullback on Friday, as BlackRock's iShares Bitcoin Trust ETF (IBIT) led the way with $205.9 million in net inflows.
This accounted for nearly all of the day's $216.7 million in fresh capital flowing into the category, following outflows of $201.8 million at the end of last week.
Ethereum ETFs also continued their winning streak, with $87.7 million in net inflows and an 11th consecutive positive session.
The sustained momentum in Ethereum ETFs highlights consistent investor appetite for Ether exposure during recent market conditions.