BlackRock’s IBIT sees first daily net inflow in three weeks. BlackRock’s IBIT spot Bitcoin exchange-traded fund saw its first daily net inflow since August 26 yesterday, bringing in a total of $15.8 million.
In what was the longest daily streak without positive flows since spot Bitcoin ETFs began trading in January, the three-week streak had produced 11 trading days of zero flows and two days of net outflows on August 29 and September 9 prior to Monday’s net inflows.
Fidelity’s FBTC, Franklin Templeton’s EZBC, and VanEck’s HODL also witnessed net inflows of $5.1 million, $5 million, and $4.9 million respectively on Monday, according to CoinGlass data.
Grayscale’s high-fee converted spot Bitcoin ETF GBTC saw net outflows of $20.8 million on Friday following rare net inflows of $6.7 million, partially offset by net inflows of $2.8 million in its mini-merchant BTC.
Despite the recent inflow drought, BlackRock’s IBIT still dominates spot Bitcoin ETF flows, generating $20.9 billion in net inflows since January.
Fidelity’s FBTC came in second with $9.6 billion in net inflows, while Grayscale’s GBTC saw net outflows of over $20 billion.
*This is not investment advice.
