Bitcoin and Ether ETFs Begin the Week With $756 Million in Combined Outflows

Crypto ETF Selloff: Bitcoin Loses $327 Million, Ether Funds See $429 Million Exit

The streak of optimism in crypto exchange-traded funds (ETFs) hit a wall to start the week. After back-to-back inflow-heavy runs, both bitcoin and ether exchange-traded funds faced significant selling pressure on Monday, bleeding a combined $756 million.

Bitcoin ETFs recorded $326.52 million in net outflows, snapping their bullish run as investors took profits after two strong weeks. The losses were widespread, led by Grayscale’s GBTC, which saw $145.39 million in redemptions. Bitwise’s BITB followed closely with $115.64 million in exits, while Fidelity’s FBTC shed $93.28 million. Smaller outflows came from Ark 21Shares’ ARKB and Vaneck’s HODL, which lost $21.12 million and $11.44 million, respectively.

A lone bright spot came from Blackrock’s IBIT, which managed a $60.36 million inflow, cushioning the overall decline. Despite the setback, trading remained strong at $6.63 billion, with total net assets settling at $157.18 billion, still one of the highest levels on record.

Ether ETFs took a bigger hit, logging $428.52 million in outflows across seven funds. Blackrock’s ETHA bore the brunt with a massive $310.13 million exit, followed by Grayscale’s Ether Mini Trust with $49.67 million and ETHE with $20.99 million.

Outflows also spread to Fidelity’s FETH (-$19.12 million), Bitwise’s ETHW (-$12.80 million), Vaneck’s ETHV (-$9.34 million), and Franklin’s EZET (-$6.46 million). The total value traded stood at $2.82 billion, with ether ETF net assets closing at $28.75 billion.

After a roaring fortnight of inflows, Monday’s huge reversal was a reality check, a reminder that even in the crypto ETF boom, volatility still rules the game.

FAQ 🧭

• Why did bitcoin and ether ETFs see such large outflows this week?
  Investors likely took profits after two strong weeks of inflows, triggering broad selloffs across major crypto ETFs.

• Which bitcoin ETF saw the biggest withdrawals?
  Grayscale’s GBTC led the outflows with $145 million in redemptions, followed by Bitwise’s BITB and Fidelity’s FBTC.

• Did any crypto ETF record inflows despite the selloff?
  Yes, Blackrock’s IBIT stood out with $60 million in new inflows, helping to soften the overall decline.

• How much did ether ETFs lose compared to bitcoin ETFs?
  Ether ETFs saw $429 million in outflows, over $100 million more than bitcoin’s $327 million exit.