- According to data from Farside Investors, spot Bitcoin ETFs recorded net outflows of $357.7 million on Monday.
- Spot Ethereum ETFs posted net outflows of $224.8 million on Monday.
- Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile.
Spot Bitcoin exchange-traded funds experienced their largest single-day net outflow in nearly a month on Monday, highlighting growing investor caution as cryptocurrency prices continued recent declines and markets awaited major U.S. economic releases.
Farside Investors’ data show spot Bitcoin ETFs saw net outflows totaling $357.7 million on Monday.
That withdrawal was the biggest daily outflow since Nov. 20, when $903.1 million left the funds.
FBTC (Fidelity) led the withdrawals with $230.1 million in net redemptions.
BITB (Bitwise) followed with $44.3 million pulled, while ETFs offered by Grayscale, ARK, 21Shares and VanEck also reported net outflows during the session.
Ether ETFs post largest outflows since November
Sell pressure was not limited to Bitcoin-related products.
Spot Ethereum ETFs recorded net outflows of $224.8 million on Monday, their biggest one-day withdrawal since Nov. 20, underscoring broad-based caution across major digital asset investment vehicles.
Withdrawals from Bitcoin and Ether ETFs coincided with further weakness in cryptocurrency prices, mirroring broader declines in global technology stocks and reflecting waning risk appetite for speculative assets.
XRP ETF dollars show a different trend
In contrast to the outflows seen in Bitcoin and Ether funds, U.S. spot XRP ETFs reached a milestone.
The products surpassed $1 billion in cumulative inflows on Monday, according to SoSoValue data, marking a notable development for altcoin-focused ETFs.
Spot XRP ETFs recorded net inflows of $10.89 million that day, with funds from Canary, Grayscale and Franklin Templeton reporting new purchases.
The latest additions pushed cumulative inflows to $1 billion since the first spot XRP ETFs began trading on Nov. 13.
Spot Solana ETFs also attracted fresh capital. The two earliest Solana ETFs, launched in October, saw net inflows of $35.2 million on Monday, bringing cumulative inflows to $711.3 million.
Bitcoin slips as risk appetite remains fragile
Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile ahead of several closely watched U.S. economic reports.
The world’s largest cryptocurrency dropped roughly 4% to $85,987.90, hovering near the weakest levels in two weeks and remaining close to seven-month lows reached in late November.
Crypto markets largely tracked declines in global technology stocks, with concerns around artificial intelligence prompting investors to lock in recent gains.
Pullbacks in technology shares further dampened appetite for cryptocurrencies and other high-risk assets.
Bitcoin has continued to lose ground over the past week, finding limited sustained support even after the Federal Reserve cut interest rates and signaled a dovish tone on policy.
Market participants are focused on upcoming U.S. data that could shape expectations for future policy moves.
November nonfarm payrolls are due on Tuesday, followed by the consumer price index inflation report on Thursday.
Labor market conditions and inflation remain the two main considerations for the Fed as it adjusts interest rates.
Any signs of weaker payroll growth or softer inflation could boost expectations for lower rates, a scenario that might help Bitcoin regain some lost footing, since lower borrowing costs typically support speculative assets.