Add as a preferred source on GoogleU.S. Spot Bitcoin and Ether ETFs Post $538.3 Million in Outflows Monday
Bitcoin funds saw $398.6 million in net outflows, while Ether funds posted $139.7 million; their withdrawal streaks reached two and six days, respectively.
U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded combined net outflows of $538.3 million Monday, extending withdrawals across both crypto fund groups.
Bitcoin ETFs accounted for $398.6 million of the total, while Ether ETFs had $139.7 million in net outflows. The Bitcoin figure marked a second consecutive trading day of large withdrawals from spot funds tracking the asset. Ether funds posted net outflows for a sixth straight day, extending a longer run of withdrawals than Bitcoin funds.
A net outflow means more money left a fund group than entered it during the measured period.
Monday’s Bitcoin withdrawals followed a $643.2 million net outflow on Oct. 30. That session ended a four-day run of net inflows to Bitcoin ETFs. The latest withdrawals therefore came after Bitcoin fund flows briefly turned positive in late October. Ether funds’ six-day outflow streak continued across the turn from October to November.
Combined, Monday’s totals exceeded half a billion dollars in withdrawals from U.S. spot crypto ETFs in a single session.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.