Thomas Daniels
Spot Bitcoin exchange-traded funds experienced a $131.35 million net outflow on Monday, ending a 12-day inflow streak that had aggregated $6.6 billion.
Leading the declines was ARK Invest’s ARKB, which saw $77.46 million in redemptions. Grayscale’s GBTC followed with $36.75 million withdrawn, and Fidelity’s FBTC posted $12.75 million in outflows, according to SoSoValue data. Bitwise’s BITB and VanEck’s HODL showed modest declines of $1.91 million and $2.48 million, respectively. Notably, BlackRock’s IBIT—the largest Bitcoin ETF, with $86.16 billion in net assets—remained unchanged.
Despite this pause, cumulative net inflows continue to impress at $54.62 billion, while total assets under management across all spot Bitcoin ETFs reached $151.60 billion, representing 6.52% of Bitcoin’s market capitalization.
Investors Execute Profit‑Taking Near ATHs
According to Vincent Liu, chief investment officer at Kronos Research, Monday’s outflows represent “profit‑taking near the highs and measured institutional rebalancing to lock in gains.” He emphasized this is a structural recalibration, not a sign of panic. “It’s not panic but positioning—a natural pause after a strong upward run,” Liu told Cointelegraph.
The pullback comes on the heels of record-setting momentum in July, including historic back-to-back inflows of $1.18 billion on July 10 and $1.03 billion on July 11—the first-ever consecutive billion-dollar inflow days for Bitcoin ETFs.
Ether ETFs Continue Their Winning Run
In contrast, spot Ether ETFs extended their inflow dominance—adding $296.59 million on Monday alone. This brings their cumulative inflows to $7.78 billion over 12 straight days. Highlights include a record $726.74 million inflow on Wednesday and $602.02 million Thursday, underscoring growing institutional appetite for Ethereum exposure.
