Bitcoin ETFs Record Over $200 Million Inflows in One Day

US-listed spot Bitcoin exchange-traded funds (ETFs) returned to positive flows on Monday, with BlackRock accounting for nearly all of the day’s inflows, while Ether, XRP and Solana funds continued their own positive streaks. According to SoSoValue, spot Bitcoin ETFs attracted $216.7 million in net inflows on Monday, reversing the $201.8 million in outflows recorded on Friday.

Friday’s withdrawals had ended a nine-session inflow streak that brought more than $3 billion into the funds. Bitcoin (BTC) was trading near $78,700 at the time of writing, up around 1.5% over the previous 24 hours, according to CoinGecko.

BlackRock leads Bitcoin ETF rebound

BlackRock’s iShares Bitcoin Trust ETF (IBIT) dominated Monday’s activity with $205.9 million in net inflows, representing roughly 95% of the total for US spot Bitcoin ETFs, according to Farside Investors. Fidelity’s Wise Origin Bitcoin Fund (FBTC) added $6.9 million, while the Bitwise Bitcoin ETF (BITB) recorded $4.3 million.

Morgan Stanley’s Bitcoin Trust attracted $3.6 million and Grayscale’s Bitcoin Mini Trust added $9.4 million. VanEck’s Bitcoin ETF (HODL) was the only fund to post net outflows, losing $13.4 million. The remaining products reported no net flows.

Ether ETFs extend inflow streak

Spot Ether ETFs brought in $87.7 million on Monday, marking their 11th consecutive trading session of net inflows. BlackRock’s iShares Ethereum Trust ETF (ETHA) led the category with $59.9 million, followed by Grayscale’s Ethereum Mini Trust with $13.5 million and Fidelity’s Ethereum Fund with $9.3 million. The continued inflows suggest demand for Ether exposure remains strong even as Bitcoin ETF flows have been more uneven.

XRP and Solana funds stay positive

XRP ETFs also extended their positive run to 10 consecutive trading sessions, attracting $5.64 million on Monday, according to SoSoValue. The funds have recorded inflows in every US trading session since Aug. 18. Solana ETFs likewise posted a 10th straight positive session, though daily inflows slowed sharply to $925,010 from $18.1 million on Friday. Monday’s figure was the weakest inflow recorded during the current streak.

Sources:

https://cointelegraph.com/markets/blackrock-bitcoin-etf-inflow-rebound

https://sosovalue.com/assets/etf/us-btc-spot

https://sosovalue.com/assets/etf/us-sol-spot

https://www.coingecko.com/en/coins/bitcoin

https://farside.co.uk/eth/

https://farside.co.uk/btc/