Bitcoin ETF · Bitcoin · South Korea · CoinDesk
Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
U.S. spot bitcoin exchange-traded funds attracted $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock’s iShares Bitcoin Trust (IBIT).
Key facts
- Fidelity’s FBTC lost $83.6 million, while Grayscale’s GBTC shed $54.9 million in Monday’s trading session, while the remaining funds recorded no net flows, underscoring how concentrated buying
- Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%
- IBIT pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data
- The inflow more than erased last week’s $228.5 million of withdrawals, though the funds remain about $90.5 million in the red for October, calculations using SoSoValue’s figures
Summary
U.S. spot bitcoin ETFs added $526.6 million on Monday, led entirely by BlackRock’s IBIT net inflow of $665.2 million. Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million, respectively. Ether funds dropped $103.3 million, marking a fourth consecutive session of outflows. IBIT pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data.