BlackRock's Bitcoin ETF Monday Posted First Net Inflows in 14 Days

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BlackRock's Bitcoin ETF Monday Posted First Net Inflows in 14 Days
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Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene 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.

BlackRock's iShares Bitcoin Trust took in $15.8 million on Monday, ending its 13-day long streak of flat or negative flows.BlackRock’s iShares Bitcoin Trust broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from

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.during late August and into early September amid uncertainty about the direction of global markets the U.S. presidential election and the upcoming Fed decision on interest rates.

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