BlackRock’s IBIT records $110 million Bitcoin ETF inflow as ETH funds see $88 million outflow

U.S. spot Bitcoin exchange-traded funds (ETFs) saw net inflows of $110.3 million on Monday, October 26, with BlackRock’s IBIT accounting for the entire amount. Research firm SoSoValue provided these figures as market participants turned their focus to the Federal Reserve’s upcoming October 28 decision on interest rates. Farside Investors reported that BlackRock’s IBIT received $110.3 million in net inflows on Monday, while every other tracked U.S. spot Bitcoin ETF, including Fidelity’s FBTC and Grayscale’s GBTC, recorded zero net flows. This concentration underscores IBIT’s dominance as a top vehicle for institutional Bitcoin exposure.

Source: CoinTurk News