BlackRock Drives Bitcoin ETF Inflows

U.S. spot bitcoin ETFs added $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock's iShares Bitcoin Trust (IBIT) net inflow of $665.2 million. While Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million respectively, Ether funds dropped $103.3 million in their fourth consecutive session of outflows.