“BlackRock’s IBIT Drives $527M US Bitcoin ETF Inflows, Biggest Since September” — what this page in the network covers. US spot Bitcoin exchange-traded funds pulled in $527 million on Monday, marking their strongest single-day net inflows since September, as investor appetite for the largest cryptocurrency rebounds. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the surge, attracting $665.2 million in fresh capital, according to data from Farside Investors. The inflows into IBIT were large enough to offset significant outflows from competing funds, including Fidelity’s Wise Origin Bitcoin Fund and Grayscale’s Bitcoin Trust, while other ETFs saw zero net flows.
The concentration of inflows in BlackRock’s product underscores its growing dominance in the spot Bitcoin ETF market, where it has consistently led trading volumes and asset accumulation since launching in January 2024. Fidelity and Grayscale, the second- and third-largest funds by assets, have faced periodic redemptions as some investors rotate into lower-fee or more liquid alternatives. This listing links straight to the original page, where the content is available in full.