- According to Farside Investors data, spot Bitcoin ETFs recorded net outflows of $357.7 million on Monday.
- Spot Ethereum ETFs saw net outflows of $224.8 million on Monday.
- Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile.
Spot exchange-traded funds (ETFs) tied to Bitcoin experienced their largest one-day net outflows in nearly a month on Monday, underscoring rising investor caution as cryptocurrency prices extended recent declines and markets awaited key U.S. economic data.
Data from Farside Investors show spot Bitcoin ETFs had net outflows of $357.7 million on Monday.
That withdrawal represented the largest single-day outflow since Nov. 20, when $903.1 million left the funds.
The retreat was led by Fidelity’s FBTC, which recorded net outflows of $230.1 million.
Bitwise’s BITB followed with withdrawals of $44.3 million, while ETFs offered by Grayscale, Ark, 21Shares and VanEck also reported net outflows during the session.
Ether ETFs record biggest outflow since November
Selling pressure was not limited to Bitcoin-related products.
Spot Ethereum ETFs registered net outflows of $224.8 million on Monday, marking their largest single-day withdrawal since Nov. 20 and highlighting broad caution around major digital asset investment vehicles.
The declines in both Bitcoin and Ether ETFs accompanied further weakness in cryptocurrency prices, mirroring broader losses in global technology stocks and reflecting softer risk appetite for speculative assets.
Spot XRP ETFs hit $1 billion cumulative inflows
In contrast to outflows from Bitcoin and Ether funds, U.S. spot XRP ETFs reached a notable milestone.
SoSoValue data show those products surpassed $1 billion in cumulative inflows on Monday, marking a meaningful moment for ETFs focused on altcoins.
Spot XRP ETFs recorded net inflows of $10.89 million during the day, with funds from Canary, Grayscale and Franklin Templeton reporting fresh investments.
Those recent additions pushed cumulative inflows to $1 billion since the first spot XRP ETF began trading on Nov. 13.
Spot Solana ETFs also attracted new capital. The first two Solana ETFs launched in October recorded net inflows of $35.2 million on Monday, bringing total inflows to $711.3 million.
Bitcoin slides as risk appetite remains fragile
Bitcoin prices fell again on Tuesday, extending recent losses as investor willingness to take on risk remained fragile ahead of several closely watched U.S. economic releases.
The world’s largest cryptocurrency dropped roughly 4% to $85,987.90, trading near the weakest level in two weeks and close to the seven-month low reached in late November.
Cryptocurrency markets largely followed declines in global technology stocks, as investor concerns around artificial intelligence prompted profit-taking on recent gains.
The weakness in tech shares further dampened demand for cryptocurrencies and other risk assets.
Over the past week, Bitcoin steadily lost ground and found little sustained support even after the Federal Reserve cut interest rates and adopted a dovish stance on monetary policy.
Market participants are focused on upcoming U.S. data that could shape expectations for future policy moves.
November nonfarm payrolls are due later on Tuesday, followed by the consumer price index (CPI) inflation figures on Thursday.
Labor market conditions and inflation remain the two key factors the Federal Reserve will weigh when adjusting interest rates.
Any signs of weaker wage growth or lower inflation could bolster expectations for further rate cuts, which might help Bitcoin recover some lost ground, since cheaper borrowing costs typically support speculative assets.