BlackRock Leads $217M Bitcoin ETF Recovery And Ether Continues Strong Run
TL;DR
- Bitcoin ETF rebound: Monday brought $216.7M in fresh inflows as BlackRock’s $205.9M haul drove a strong recovery after Friday’s pullback.
- Ether momentum: Ethereum ETFs secured $87.7M in new capital, extending their winning streak to 11 sessions. BlackRock, Grayscale and Fidelity continued leading activity.
- XRP and Solana: XRP added $5.64M, and Solana posted its 10th straight positive day, though inflows slowed to $925,010.
Bitcoin ETFs swung back into positive territory on Monday as fresh capital poured into the category, largely driven by BlackRock’s dominant inflows. The rebound followed Friday’s sharp withdrawals and arrived alongside continued strength in Ether, XRP and Solana products, which extended their multi‑session streaks of attracting new funds.
Bitcoin ETF Flows Rebound After Friday’s Pullback
Bitcoin ETF inflows reached $216.7 million on Monday, reversing the $201.8 million in outflows recorded at the end of last week. The Friday decline interrupted a nine‑session run that had brought more than $3 billion into the category. Bitcoin traded at around $78,000 during Monday’s activity, reflecting steady market interest despite recent volatility.
… Continue reading the full article at the original source below.
