Bitcoin ETF · Bitcoin · Blue Origin · Cointelegraph
BlackRock drives $217 million Bitcoin ETF rebound as altcoin funds continue streaks
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Ether ETFs extended their inflow streak to 11 trading sessions, while XRP and Solana funds each logged a 10th consecutive positive session.
Key facts
- BlackRock’s iShares Ethereum Trust ETF (ETHA) led with $59.9 million, followed by Grayscale’s Ethereum Mini Trust with $13.5 million and Fidelity’s Ethereum Fund with $9.3 million, according
- Fidelity’s Wise Origin Bitcoin Fund (FBTC) added $6.9 million, followed by the Bitwise Bitcoin ETF (BITB) with $4.3 million
- 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, according to Farside Investors
- SoSoValue data showed that Bitcoin ETFs recorded $216.7 million in net inflows on Monday, reversing the $201.8 million in withdrawals recorded on Friday
Summary
US-listed spot Bitcoin exchange-traded funds (ETFs) returned to inflows on Monday, led almost entirely by BlackRock, while Ether, XRP and Solana funds continued attracting capital. SoSoValue data showed that Bitcoin ETFs recorded $216.7 million in net inflows on Monday, reversing the $201.8 million in withdrawals recorded on Friday. The Friday outflows ended a nine-session run that brought more than $3 billion into the funds.