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BlackRock's IBIT fund dominated with $187 million in inflows on Monday.
Key Takeaways
Bitcoin ETFs experienced the highest single-day inflow since early June. BlackRock's IBIT fund currently has over $17 million worth of Bitcoin in its holdings. <?xml encoding="UTF-8"?>US spot Bitcoin exchange-traded funds (ETFs) attracted approximately $295 million in inflows on Monday amid ongoing selling pressure from the German government. According to data from SoSoValue, this marks the highest level of single-day inflows in a month.
BlackRock’s IBIT fund led with $187 million in inflows while Fidelity’s FBTC reported $61.5 million, data shows.
Meanwhile, Grayscale’s GBTC saw $25 million in inflows. Bitwise’s BITB, ARK 21Shares’ ARKB, and VanEck’s HODL followed with $11 million, $8 million, and $1.5 million, respectively. The remaining funds saw no inflows.
BlackRock’s iShares Bitcoin Trust currently holds over $17 billion in assets under management, according to updated data from its official domain.
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