BlackRock’s IBIT Sees Inflows for First Time in 3 Weeks, Attracts $15M

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BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) recorded its first daily net inflow since August 26, attracting $15.8 million in new investments.

The inflow on Monday broke a three-week drought during which the fund experienced no positive flows, according to data from SoSoValue.

The period included 11 trading days of zero activity and two days of net outflows on August 29 and September 9.

Other major spot Bitcoin ETFs also saw positive inflows on Monday.

Fidelity’s FBTC brought in $5.1 million, Franklin Templeton’s EZBC attracted $5 million, and VanEck’s HODL fund gained $4.9 million.

In contrast, Grayscale’s GBTC, a higher-fee converted spot Bitcoin ETF, saw net outflows of $20.8 million, reversing a brief inflow of $6.7 million from last Friday.

However, Grayscale’s smaller Bitcoin ETF, BTC, reported $2.8 million in net inflows, partially offsetting the losses.

Despite the recent slowdown in inflows, BlackRock’s IBIT continues to lead in overall net inflows for spot Bitcoin ETFs.

Since January, it has accumulated a staggering $20.9 billion in inflows.

Fidelity’s FBTC ranks second, bringing in $9.6 billion.

Meanwhile, Grayscale’s GBTC has seen over $20 billion in net outflows, reflecting investors’ movement toward lower-fee alternatives.

Monday’s combined inflows across the sector amounted to $12.8 million, a sharp decline from Friday’s $263.2 million.

Trading volume also decreased significantly, falling from $1.8 billion to $1.1 billion.

While Bitcoin-focused ETFs had a mixed performance, Ethereum ETFs faced further