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BlackRock's Bitcoin ETF Monday Posted First Net Inflows in 14 Days
The iShares Bitcoin Trust (IBIT), the largest of the bitcoin exchange-traded funds by assets-under-management, drew $15.8 million of new money yesterday.

- BlackRock's iShares Bitcoin Trust took in $15.8 million on Monday, ending its 13-day long streak of flat or negative flows.
- Overall, the ten U.S.-based spot bitcoin ETFs bled $770 million since Aug. 27.
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.
During its losing streak, IBIT's net outflows summed to $23.1 million, a small amount versus the more than $20 billion in assets under management at the fund. The 10 U.S.-based spot ETFs as a whole had about $1 billion in outflows over the same period.
The string of outflows took place alongside a tumble in the price of bitcoin BTC
Read more: Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert
Helene Braun
Helene is a New York-based markets reporter at CoinDesk, covering the latest news from Wall Street, the rise of the spot bitcoin exchange-traded funds and updates on crypto markets. She is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
