BlackRock was the main contributor to Monday’s capital inflows for US-listed Bitcoin ETFs. Ether and XRP funds also continued to be popular.
SoSoValue data showed Bitcoin ETFs saw a net inflow of $216.7 millions on Monday. This is a reverse from the withdrawals that were recorded on Friday, which totaled $201.8 million.
It was the last session of nine that saw outflows. brought more than $3 billion The funds are deposited. Bitcoin (BTC), which was at $78,700 when this article was written, had risen by 1.5% within the previous 24 hours. according CoinGecko.
Ether ETFs have extended their streak of positive trading to eleven sessions. XRP funds and Solana Funds each had a positive 10th session in a row.
US spot Bitcoin ETF flows Source: SoSoValue
BlackRock is responsible for 95% Bitcoin ETF Inflows
BlackRock’s iShares Bitcoin Trust ETF, or IBIT, led Monday’s Bitcoin ETF rally with a net of $205.9 millions, about 95% the daily category total. according Farside Investors
Fidelity’s Wise Origin Bitcoin Fund added $6.9 Million, followed by Bitwise Bitcoin ETF with $4.3M. Morgan Stanley’s Bitcoin Trust has added $3.6million, and Grayscale’s Bitcoin Mini Trust has attracted $9.4million.
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VanEck Bitcoin ETF (HODL), the fund that had net withdrawals of $13.4 Million, was the only one to have recorded them. All other funds did not report any flows.
US spot Bitcoin ETF flows per fund. Source: Farside Investors
Inflows to ETFs of ether, xrp and solana continue
The Spot Ether Exchange Traded Funds (ETFs), which track the price of ether, attracted $87.7 Million on Monday. It was their 11th trading session in a row that saw an increase.
BlackRock’s iShares Ethereum Trust (ETHA), followed by Grayscale’s Ethereum Mini Trust ($13.55 million) and Fidelity’s Ethereum Fund ($9.3 million), led the way with $59.9 millions. according Farside
XRP’s ETFs continued their upward trend with net flows of $5.64 millions, extending the positive period to 10. according SoSoValue. Since August 18, the funds have been able to attract capital in every US trading session.
Solana eTFs posted The 10th session of positive returns was recorded, although daily flows slowed from Friday’s $18.1 million to $925.010. The category saw its lowest inflow on Monday during the current period.
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Source: cointelegraph.com
