BlackRock Bitcoin ETF Pulls In $665 Million While Rivals Lose Money
Summary
BlackRock’s iShares Bitcoin Trust (IBIT) recorded about $665 million in net inflows on Monday, while US spot Bitcoin ETFs collectively gained roughly $527 million. Outflows from Fidelity’s FBTC and Grayscale’s GBTC partly offset IBIT’s gains, suggesting flows favored the largest fund rather than reflecting broad demand across products. The figures followed net withdrawals on Friday. ETF flows can shift quickly and do not directly measure the timing or source of Bitcoin purchases.
