US spot Bitcoin exchange-traded funds (ETFs) recorded $526.7 million in net inflows on Monday, marking their largest daily intake in nearly a month. The rebound reversed Friday’s $82.4 million in net outflows and followed net weekly withdrawals in each of the past two weeks.
According to data from Farside Investors, Monday’s inflows were the strongest since Sept. 22, when the funds attracted $714.7 million. BlackRock’s iShares Bitcoin Trust (IBIT) led the gains with $665.2 million in inflows, an amount that exceeded the net total across all funds.
The gains were partially offset by withdrawals from other products, including $83.6 million pulled from Fidelity’s Wise Origin Bitcoin Fund (FBTC) and $54.9 million from the Grayscale Bitcoin Trust (GBTC). Other funds recorded no net flows during the session.
The strong start to the week follows a turbulent period for the asset class. Last week, spot Bitcoin ETFs shed approximately $229 million, following a $681 million loss the week prior. The funds also experienced $483.9 million in outflows on Oct. 7, marking their largest daily withdrawal since June. Despite Monday's positive momentum, US spot Bitcoin ETFs remain roughly $88 million in negative territory for the month of October.
In contrast, US spot Ether ETFs recorded $103.3 million in net outflows on Monday. This movement was led by $95.4 million in withdrawals from BlackRock’s iShares Ethereum Trust (ETHA). Ether funds lost about $320 million the previous week, marking their third consecutive week of net withdrawals.
