Bitcoin ETFs Draw $526.7 Million as BlackRock Leads Inflows
Edited by Steinar Vigdel Kolnes, Editor, Oslo
U.S. spot Bitcoin ETFs recorded their strongest daily net inflows since Sept. 22, with BlackRock’s IBIT the only fund attracting fresh capital.
U.S. spot Bitcoin exchange-traded funds registered $526.7 million in net inflows on Monday, according to Decrypt. It was their largest daily total in nearly a month.
BlackRock’s IBIT was the sole contributor to inflows, accounting for all the money entering the funds during the session.
Fidelity and Grayscale funds recorded outflows, partially offsetting IBIT’s gains. Despite those withdrawals, the combined net intake was the highest since Sept. 22.
Source: Decrypt
