September 01, 04:48
BlackRock leads $217M Bitcoin ETF inflow rebound
BlackRock Drives $217M Bitcoin ETF Inflow Rebound
Cointelegraph

US-listed spot Bitcoin ETFs returned to net inflows on Monday, led almost entirely by BlackRock. SoSoValue recorded $216.7 million in net Bitcoin ETF inflows. The inflows reversed $201.8 million in withdrawals on Friday. The Friday withdrawals ended a nine-session run that brought more than $3 billion into the funds. BlackRock's iShares Bitcoin Trust ETF attracted $205.9 million in net inflows. The amount represented about 95% of the category's daily total, according to Farside Investors. Fidelity's Wise Origin Bitcoin Fund added $6.9 million. Bitwise's Bitcoin ETF added $4.3 million. Morgan Stanley's Bitcoin Trust added $3.6 million. Grayscale's Bitcoin Mini Trust attracted $9.4 million. VanEck's Bitcoin ETF recorded $13.4 million in net outflows. The remaining funds reported no flows. Bitcoin traded near $78,700 and was up about 1.5% over the past 24 hours, according to CoinGecko. Spot Ether ETFs attracted $87.7 million in net inflows on Monday. The inflows marked their 11th consecutive trading session. BlackRock's iShares Ethereum Trust ETF led Ether ETF inflows with $59.9 million. Grayscale's Ethereum Mini Trust attracted $13.5 million. Fidelity's Ethereum Fund attracted $9.3 million. XRP ETFs recorded $5.64 million in net inflows. The inflows extended their positive run to 10 sessions. XRP ETFs attracted capital during every US trading session since Aug. 18, according to SoSoValue. Solana ETFs recorded a 10th consecutive positive session. Their inflows slowed to $925,010 from $18.1 million on Friday. Monday's Solana ETF inflow was the weakest during the current run.
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