Bitcoin ETF Loses Over $280 Million as Ether Funds Continue to See Outflows

Cryptocurrency exchange-traded funds (ETFs) continued to come under pressure at the start of the week as both Bitcoin and Ether saw strong outflows. The pullback suggests investors are cautious after a short-term period of volatility, despite trading volumes remaining high.

Bitcoin ETF: Biggest Net Outflow in Two Weeks

According to data from SoSoValue, Bitcoin ETFs recorded a total of $281.4 million in outflows on Monday – the highest since mid-September.

BlackRock’s IBIT led the way with $142.7 million in outflows.

Fidelity’s FBTC followed with $91.2 million in outflows.

Grayscale’s GBTC recorded a smaller loss of about $32.5 million.

Smaller funds like Ark 21Shares’ ARKB and VanEck’s HODL also saw outflows.

Volume remained at $3.1 billion, but total net assets fell to $147.6 billion, reflecting profit-taking after last week’s rally.

Ether ETF: Outflows Continue

The Ether ETF was no exception, with $66.8 million in outflows on the day.

Fidelity’s FETH lost $28.4 million.

Bitwise’s ETHW fell $21.1 million.

BlackRock’s ETHA saw outflows of $12.7 million.

Grayscale’s Ether Mini Trust saw smaller outflows of about $4.6 million.

Total volume for the day reached $1.9 billion, leaving its net asset value at $27.1 billion.

Market Signals

Experts say the massive outflows from both BTC and ETH ETFs could be a sign that investors are temporarily adjusting their positions, waiting for clearer signals from the Fed's monetary policy and global liquidity fluctuations.

However, the fact that trading volumes remain high suggests that interest in crypto ETFs has not waned, but rather reflects a short-term adjustment cycle.

All eyes are now on Tuesday's trading session: Will the market reverse and attract capital again, or will the outflows continue, putting more pressure on Bitcoin and Ether prices?