Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
Summary
U.S. spot bitcoin ETFs recorded $526.6 million in net inflows Monday, their largest daily gain in nearly a month. BlackRock’s IBIT brought in $665.2 million, offsetting outflows from Fidelity’s FBTC and Grayscale’s GBTC; other funds saw no net flows. The inflow reversed last week’s $228.5 million in withdrawals, but bitcoin ETFs remained about $90.5 million down for October. Ether ETFs saw $103.3 million in outflows for a fourth consecutive session, led by BlackRock’s ETHA.
