Spot Bitcoin ETFs See $131 Million Outflow After Record Inflows

Spot Bitcoin ETFs recorded a net outflow of $131.35 million on Monday, ending a 12-day streak that saw $6.6 billion in inflows, as investors paused to lock in gains after Bitcoin’s recent price rally. 

According to SoSoValue, ARK Invest’s ARKB led the outflows, shedding $77.46 million, followed by Grayscale’s GBTC with $36.75 million and Fidelity’s FBTC with $12.75 million.

Bitwise’s BITB and VanEck’s HODL also recorded smaller outflows of $1.91 million and $2.48 million, respectively, while BlackRock’s IBIT, the largest Bitcoin ETF with $86.16 billion in assets under management, reported no inflows or outflows for the day.

Profit-Taking After a Strong Rally

Despite the pause, cumulative net inflows across all spot Bitcoin ETFs remain strong at $54.62 billion, with total net assets now standing at $151.60 billion, accounting for 6.52% of Bitcoin’s total market capitalization.

Many experts are suggesting that the withdrawals are part of a routine correction after a strong upward move, as institutions rebalance their positions to manage risk and secure profits following significant inflows earlier in July. 

On July 10 and 11, Bitcoin ETFs recorded $1.18 billion and $1.03 billion in daily inflows, marking the first time in history that two consecutive days brought in over a billion dollars each into Bitcoin funds.

Ether ETFs Continue Strong Inflow Streak

While Bitcoin-base investment funds saw a brief pause, spot Ether ETFs extended their inflow streak to 12 consecutive days, recording $296.59 million in net inflows on Monday. This pushed the cumulative net inflow for Ether ETFs to $7.78 billion, highlighting rising institutional interest in Ethereum-based products.

Last Wednesday marked a record day for Ether ETFs, which saw $726.74 million in daily inflows, the highest since their launch, followed by $602.02 million on Thursday. 

The consistent demand for Ether ETFs reflects increasing confidence in Ethereum’s long-term utility as the network continues to attract activity around tokenization and decentralized applications, positioning Ether products to capture growing institutional allocations alongside Bitcoin funds in the expanding crypto investment landscape.