US spot Bitcoin exchange-traded funds swung back to net inflows on Tuesday, pulling in $119 million after posting a $90 million net outflow a day earlier, according to SoSoValue. The move came even as Bitcoin fell from above $86,600 to below $84,000 during the session. At the time of publication, CoinGecko data showed BTC at $83,971, down 2.1% over the past 24 hours.
Ether ETFs moved the other way. The funds logged $202 million in net outflows on Tuesday, sharply higher than roughly $51 million on Monday, extending their losing run to six straight trading sessions. Total outflows across that stretch reached about $408 million.
Market commentary cited in the report pointed to heavier profit-taking in Bitcoin. CryptoQuant contributor MorenoDV said BTC was trading at a substantial premium to active traders’ estimated cost basis of $68,900, adding that the recovery would depend on whether fresh demand could absorb the selling pressure. Elsewhere, flows were mixed across other crypto ETF products: XRP ETFs drew $3.1 million, Solana ETFs saw $3.7 million in outflows, and Zcash ETFs recorded no net flows after outflows in the prior two sessions.
US spot Bitcoin exchange-traded funds returned to net inflows on Tuesday, even as Bitcoin prices moved lower, while Ether ETFs stretched their outflow run to a sixth straight trading session.
Data from SoSoValue showed Bitcoin ETFs brought in $119 million in net inflows on Tuesday, reversing a $90 million net outflow recorded on Monday.
Bitcoin ETF inflows return as BTC price falls
Bitcoin dropped from above $86,600 on Tuesday to below $84,000. At publication, CoinGecko data showed BTC trading at $83,971, down 2.1% over the past 24 hours.
CryptoQuant contributor MorenoDV said Bitcoin’s rebound was facing heavier profit-taking because the asset was trading at a sizable premium to active traders’ estimated cost basis of $68,900. He said the recovery would hinge on whether new demand could absorb that selling.
Ether ETFs extend losses to six sessions
Ether ETFs continued to see money leave the category. On Tuesday, the funds posted $202 million in net outflows, a sharp increase from about $51 million on Monday.
That pushed total net outflows over the six-session stretch to about $408 million.
Flows diverge across other crypto ETF products
Other crypto ETF products showed mixed results on Tuesday.
- XRP ETFs recorded $3.1 million in net inflows.
- Solana (SOL) ETFs posted $3.7 million in net outflows.
- Zcash (ZEC) ETFs saw no net flows after recording outflows in the previous two trading sessions.
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