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BlackRock Drives Entire $110M Bitcoin ETF Inflow

Bitcoin exchange-traded funds took in a net $110.34 million on Monday, all through Blackrock’s IBIT; no other bitcoin fund recorded meaningful activity. Ether ETFs lost a net $88.58 million, despite a $16.13 million inflow to Fidelity’s FETH.

Solana, HYPE and XRP ETFs also had net outflows of $8.23 million, $4.30 million and $3.61 million, respectively. Zcash and NEAR ETFs recorded inflows of $1.96 million and $1.40 million. The source says bitcoin buying would need to spread beyond IBIT and ether flows would need to stabilize before the figures could suggest broader crypto demand.

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