Bitcoin ETFs Post Their Best Day in Nearly a Month as BlackRock Does All the Buying

U.S. spot Bitcoin Exchange Traded Funds (ETFs) experienced their most significant inflow day in nearly a month, with a total of $526.7 million collected on Monday. Notably, BlackRock's IBIT fund was the sole driver of this substantial buying activity, while other prominent Bitcoin ETF providers, including Fidelity and Grayscale, registered outflows during the same period.