BlackRock's IBIT saw its first daily net inflow since August 26 yesterday, bringing in a total of $15.8 million.
Positive Inflows for IBIT
After a three-week streak of zero flows, which included 11 trading days of no flows and two days of net outflows on August 29 and September 9, BlackRock's IBIT finally achieved a positive inflow of $15.8 million.
Inflows for Other ETFs
According to CoinGlass data, other ETFs also saw inflows on Monday: Fidelity's FBTC received $5.1 million, Franklin Templeton's EZBC took in $5 million, and VanEck's HODL gained $4.9 million.
Market Overview
Despite the recent drought in inflows, BlackRock's IBIT continues to dominate the spot Bitcoin ETF market with $20.9 billion in net inflows since January. In second place is Fidelity's FBTC with $9.6 billion in net inflows, while Grayscale's GBTC has seen net outflows exceeding $20 billion.
BlackRock remains a leading player in the Bitcoin ETF market, demonstrating strong inflows despite temporary challenges.
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