American-domiciled spot Bitcoin exchange-traded funds (ETFs) bounced back to positive net inflows on Monday, driven almost exclusively by BlackRock, while investment products for Ether, XRP, and Solana continued to pull in capital.
Metrics from SoSoValue showed that Bitcoin funds brought in $216.7 million in net inflows on Monday, successfully erasing the $201.8 million in exits seen on Friday.
The redemptions on Friday interrupted a nine-day sequence that injected over $3 billion into these vehicles. Bitcoin (BTC) changed hands around $78,700 at the time of publication, advancing roughly 1.5% across the preceding 24 hours, per CoinGecko.
Concurrently, Ether-focused ETFs stretched their streak of inflows to 11 trading days, whereas products tracking XRP and Solana each secured their 10th straight positive day.
US spot Bitcoin ETF flows. Source: SoSoValue
BlackRock accounts for 95% of Bitcoin ETF inflows
The iShares Bitcoin Trust ETF (IBIT) managed by BlackRock steered Monday’s Bitcoin ETF recovery by capturing $205.9 million in net inflows, representing roughly 95% of the sector’s daily aggregate, according to Farside Investors.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) gained $6.9 million, trailed by the Bitwise Bitcoin ETF (BITB) at $4.3 million. The Bitcoin Trust from Morgan Stanley took in $3.6 million, while Grayscale’s Bitcoin Mini Trust drew $9.4 million.
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The Bitcoin ETF offered by VanEck (HODL) proved to be the sole vehicle experiencing redemptions, logging $13.4 million in net outflows. All remaining funds registered zero net movement.
US spot Bitcoin ETF flows per fund. Source: Farside Investors
Ether, XRP and Solana ETFs extend inflow runs
Spot Ether exchange-traded funds accumulated $87.7 million on Monday, achieving their 11th consecutive trading day of positive inflows.
BlackRock’s iShares Ethereum Trust ETF (ETHA) paced the field with $59.9 million, succeeded by Grayscale’s Ethereum Mini Trust at $13.5 million and Fidelity’s Ethereum Fund at $9.3 million, per Farside.
XRP investment funds lengthened their winning sequence to 10 sessions by securing $5.64 million in net inflows, per SoSoValue. These vehicles have successfully absorbed capital across every single United States trading day since August 18.
Solana-based ETFs likewise registered a 10th consecutive green session, though daily allocations decelerated to $925,010 compared to Friday’s $18.1 million. Monday’s metric represented the group’s smallest intake throughout its current sequence.
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Originally published at https://cointelegraph.com/markets/blackrock-bitcoin-etf-inflow-rebound?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound.
