About $697 million flowed into US spot Bitcoin funds on Monday, marking their biggest single-day inflow since October 7.
BlackRock clients acquired 3,948 Bitcoin valued at approximately $372 million today, according to data tracked by Farside Investors.
The purchase reflects continued institutional accumulation of Bitcoin through BlackRock’s spot ETF product, the IBIT fund. The firm has positioned itself as a key facilitator of structured crypto exposure, settling transfers through platforms like Coinbase Prime.
US-listed spot Bitcoin ETFs recorded approximately $697 million in net inflows on Monday, representing their largest daily intake since October 7.
In addition to BlackRock’s IBIT, Fidelity’s FBTC fund posted major gains with $191 million in fresh investments. No funds reported outflows during the session.
