US Bitcoin ETFs Draw $527M in Biggest Daily Inflow Since September

US spot Bitcoin ETFs recorded $526.7 million in net inflows on Monday, their largest daily intake since Sept. 22, when they attracted $714.7 million. 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 Farside Investors.

BlackRock’s iShares Bitcoin Trust pulled in $665.2 million, more than the total for all funds combined. Fidelity’s Wise Origin Bitcoin Fund saw $83.6 million in withdrawals, and Grayscale Bitcoin Trust lost $54.9 million. Other funds recorded no net flows.

Bitcoin ETFs Still Negative for October

Last week the funds shed about $229 million after losing $681 million the week before. They also saw $483.9 million in outflows on Oct. 7, the largest daily withdrawal since June. Even with Monday’s gains, spot Bitcoin ETFs remain about $88 million in the red for October.

Ether ETFs Extend Outflow Streak

US spot Ether ETFs recorded $103.3 million in net outflows on Monday, led by $95.4 million in withdrawals from BlackRock’s iShares Ethereum Trust. Ether funds lost about $320 million last week, their third straight week of net withdrawals.