BlackRock drives $217M Bitcoin ETF rebound as altcoin funds continue streaks
Covered by 3 sources · 3 articles
US spot Bitcoin ETFs reversed course Monday with roughly $217 million in inflows, driven almost entirely by BlackRock's IBIT product. The inflow erased Friday's $202 million outflow and signals renewed institutional demand after a brief pullback. Meanwhile, altcoin ETF products maintained their momentum - Ethereum funds stretched their inflow run to eleven consecutive trading days, while XRP and Solana fund flows each hit a tenth straight session of positive movement.
The divergence between Bitcoin's choppy flow pattern and the sustained rally in altcoin products suggests institutional appetite for digital assets remains selective rather than synchronized. Bitcoin faced resistance near $80,266, while the staying power of inflows into smaller-cap token funds indicates investors are actively rotating or diversifying within the crypto ETF space.
- BlackRock's IBIT absorbed ~95% of Monday's $217M Bitcoin ETF inflow, reversing the prior day's outflow.
- Ethereum ETF inflows extended to 11 consecutive sessions; XRP and Solana each logged their 10th straight day of positive fund movement.
- Divergent patterns across Bitcoin and altcoin ETFs point to selective institutional allocation rather than broad market enthusiasm.
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BlackRock Drives $217M Bitcoin (BTC) ETF Inflow Rebound
US spot Bitcoin ETFs took $216.7M Monday as BlackRock's IBIT supplied ~95%, reversing Friday's $201.8M outflow. COINOTAG rates the $80,266 resistance at 85/100.
BlackRock leads $217M Bitcoin ETF rebound as altcoin funds extend inflows
BitcoinWorld BlackRock leads $217M Bitcoin ETF rebound as altcoin funds extend inflows BlackRock played a pivotal role in a $217 million rebound in Bitcoin exchange-traded funds (ETFs) as of the latest trading session, while altcoin investm…
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.