Monday proved to be a tough session for U.S. spot Bitcoin ETFs, with the 12 funds collectively hemorrhaging $541.07 million in net outflows — one of the largest single-day exodus on record. The Ethereum ETF space also suffered, as nine funds saw $63.22 million in investor withdrawals, deepening concerns over sustained capital flight from digital asset ETFs.
Bitcoin ETF Outflows: FBTC Takes the Biggest Hit, IBIT Defies the Trend
Among Bitcoin ETFs, Fidelity's FBTC bore the brunt, losing $169.6 million in a single day. Ark Invest and 21Shares' ARKB followed with a $138.26 million outflow, while Grayscale Bitcoin Mini Trust shed $89.49 million. Bitwise BITB dropped $79.84 million, and Grayscale GBTC declined by $63.66 million. Franklin Templeton EZBC, VanEck HODL, and Valkyrie BRRR lost $17.62 million, $15.28 million, and $5.74 million, respectively.
In a rare bright spot, BlackRock's IBIT attracted $38.42 million in net inflows, becoming the only major fund to post positive flows. Despite the daily rout, cumulative net inflows for Bitcoin ETFs remain robust at $23.61 billion, with total Bitcoin holdings worth $67.44 billion — representing 5.06% of BTC's market cap.
Ethereum ETFs Also Bleed, Cumulative Outflows Exceed $554 Million
On the Ethereum side, Grayscale Ethereum Mini Trust led the outflows with $31.94 million, closely trailed by Fidelity FETH at $31.5 million. Grayscale ETHE lost $10.8 million. Once again, BlackRock's ETHA was the outlier, bringing in $11.01 million. Cumulative net outflows for Ethereum ETFs have now swelled to $554.66 million, with total holdings of $6.63 billion — 2.27% of ETH's market cap.
Market Sentiment and Capital Flow Analysis
Monday's trading volume reached $2.22 billion for Bitcoin ETFs and $149.11 million for Ethereum ETFs. Analysts attribute the sharp outflows to investors adjusting risk exposure ahead of key macro events. While BlackRock's funds continue to show resilience, the broader market remains cautious. The coming days will be crucial to see if outflows persist or reverse course.