BlackRock Leads $217M Rebound in US Bitcoin ETF Inflows

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Bitcoin ETF news broke on Monday, Aug. 31, as U.S.-listed spot Bitcoin ETFs saw $216.7 million in net inflows. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led with $205.9 million, per Farside Investors. Bitcoin news also highlighted Ethereum, XRP, and Solana ETFs, with Ethereum ETFs extending their inflow streak to 11 days.

U.S.-listed spot Bitcoin ETFs returned to net inflows on Monday, Aug. 31, drawing $216.7 million after $201.8 million exited the products in the previous session, according to SoSoValue data.

Friday’s withdrawals had interrupted nine consecutive trading sessions of inflows totaling more than $3 billion, making Monday’s move a return to positive flows after a one-session reversal.

Capital Movements Across U.S. Spot Bitcoin Funds
Capital Movements Across U.S. Spot Bitcoin Funds

BlackRock’s IBIT Dominates Bitcoin ETF Flows

BlackRock’s iShares Bitcoin Trust ETF (IBIT) attracted $205.9 million on Monday, accounting for roughly 95% of net inflows across U.S. spot Bitcoin ETFs, according to Farside Investors data.

Outside BlackRock, Grayscale’s Bitcoin Mini Trust recorded the biggest inflow at $9.4 million. Elsewhere, Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $6.9 million, Bitwise’s Bitcoin ETF (BITB) added $4.3 million, and Morgan Stanley’s Bitcoin Trust drew $3.6 million.

VanEck’s Bitcoin ETF (HODL) was the only fund in the group to record withdrawals, posting $13.4 million in net outflows. The remaining funds reported no net flows.

Bitcoin ETF Flows by U.S. Fund
Bitcoin ETF Flows by U.S. Fund

Ethereum, XRP and Solana Funds Extend Inflow Streaks

While Bitcoin ETFs returned to positive territory after Friday’s reversal, Ethereum, XRP and Solana funds extended their existing inflow streaks.

Monday brought another $87.7 million into U.S. spot Ethereum ETFs, extending their uninterrupted inflow run to 11 trading days.

BlackRock captured most of Monday’s Ethereum ETF inflows, with $59.9 million allocated to its iShares Ethereum Trust ETF (ETHA), according to Farside Investors. Fidelity’s Ethereum Fund accounted for $9.3 million, while Grayscale’s Ethereum Mini Trust registered $13.5 million.

XRP ETFs collected $5.64 million on Monday, according to SoSoValue. That result left the products without an outflow day for 10 straight U.S. trading sessions, a run dating back to Aug. 18.

Solana ETFs maintained a similarly long run, with Monday becoming their 10th straight day of net inflows. However, the daily total dropped to $925,010 from $18.1 million on Friday, the lowest amount recorded during the streak.

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