BlackRock attracts $665 million to spot Bitcoin ETF as total inflows hit $526 million

US spot Bitcoin ETFs saw a robust turnaround on Monday, recording net inflows of $526.7 million following a period marked by significant withdrawals. The influx of new capital was driven largely by BlackRock’s iShares Bitcoin Trust (IBIT), which brought in $665.2 million during the session. Meanwhile, Fidelity’s Wise Origin Bitcoin Fund (FBTC) reported outflows totaling $83.6 million. Recent ETF data highlighted a shift in investor sentiment after consecutive sessions of outflows. Prior to Monday’s surge, US spot Bitcoin ETFs posted net withdrawals of $82.4 million on October 16 and $261.4 million on October 14.

Source: CoinTurk News