Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded $438.4 million in outflows on Monday, ending a five-day streak of net inflows that brought in about $3.4 billion, according to SoSoValue data.
Spot Bitcoin ETFs See $438 Million Outflow, BTC Drops to $92,600
Important Exit Details
Bitwise’s BITB: Biggest exit at $280 million.
Grayscale’s GBTC: $158.2 million exit.
Fidelity’s FBTC: Reports $134.7 million in outflows.
Ark and 21Shares’ ARKB: $110.9 million exit.
Invesco, Valkyrie and VanEck funds also experienced negative flows.
Only two funds saw positive inflows:
BlackRock’s IBIT: The largest spot Bitcoin ETF with $31.6 billion in cumulative inflows, raised $267.8 million.
Grayscale’s Mini Bitcoin Trust: Modest Introduction at $420,460
On Monday, 12 Bitcoin ETFs traded $5.6 billion, up slightly from $5.4 billion last Friday. Collectively, these funds had a combined net inflow of $30.4 billion and total net assets of $102.2 billion, representing 5.4% of Bitcoin’s market capitalization.
Bitcoin has reversed its recent gains, falling to $92,600 after approaching the $100,000 milestone last week.
Spot Ethereum ETFs See Modest Inflows
Spot Ethereum ETFs in the U.S. saw net inflows of $2.8 million on Monday. Funds from Bitwise, Fidelity and VanEck saw inflows. Two Ethereum funds from 21Shares and Grayscale reported outflows.
The total trading volume of the nine Ethereum ETFs has increased from $373.9 million last Friday to $711.2 million, with total flows now reaching $109 million.
*This is not investment advice.
