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Bitcoin ETFs Post Their Best Day in Nearly a Month as BlackRock Does All the Buying

U.S. spot Bitcoin ETFs took in $526.7 million on Monday, their biggest day since Sept. 22. BlackRock's IBIT supplied all of it while Fidelity and Grayscale funds bled.

Bitcoin ETFs Post Their Best Day in Nearly a Month as BlackRock Does All the Buying
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AI summary

U.S. spot Bitcoin ETFs pulled in $526.7 million on Monday, their largest single-day inflow since Sept. 22. BlackRock's IBIT accounted for the entire net gain, while Fidelity and Grayscale funds saw outflows. The concentration shows institutional demand is rotating toward BlackRock, a signal traders watch as evidence of sustained large-investor appetite for BTC exposure.

Narrative history
18 linked stories · 9 outlets · since 11 Oct
  1. 1H AGO
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    Bitcoin ETFs Post Their Best Day in Nearly a Month as BlackRock Does All the Buying
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