BlackRock drives $217M Bitcoin ETF rebound as altcoin funds continue streaks
Ether ETFs extended their inflow streak to 11 trading sessions, while XRP and Solana funds each logged a 10th consecutive positive session.
US-listed spot Bitcoin exchange-traded funds (ETFs) returned to inflows on Monday, led almost entirely by BlackRock, while Ether, XRP and Solana funds continued attracting capital.
SoSoValue data showed that Bitcoin ETFs recorded $216.7 million in net inflows on Monday, reversing the $201.8 million in withdrawals recorded on Friday.
The Friday outflows ended a nine-session run that brought more than $3 billion into the funds. Bitcoin (BTC) was trading near $78,700 at the time of writing, up about 1.5% over the past 24 hours, according to CoinGecko.