Spot Bitcoin ETFs End 12-Day Inflow Streak with $131M in Outflows Amid Profit-Taking
After nearly two weeks of uninterrupted gains, spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of $131.35 million on Monday, bringing an end to a 12-day inflow streak that had amassed $6.6 billion.
ARK, Grayscale Lead Outflows
The largest single-day outflow came from ARK Invest’s ARKB, which saw $77.46 million withdrawn, followed by Grayscale’s GBTC with $36.75 million in outflows. Fidelity’s FBTC lost $12.75 million, while Bitwise’s BITB and VanEck’s HODL registered smaller outflows of $1.91 million and $2.48 million, respectively.
In contrast, BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets ($86.16 billion), recorded no net flows for the day.
Despite the latest reversal, cumulative net inflows across all U.S. spot Bitcoin ETFs remain strong at $54.62 billion, and total net assets stand at $151.60 billion, representing approximately 6.52% of Bitcoin’s total market capitalization.
Profit-Taking Near All-Time Highs
Analysts suggest that the pause in ETF inflows is a reflection of profit-taking and portfolio rebalancing rather than a broader market concern.
“The recent ETF outflows reflect profit-taking near the highs and measured institutional rebalancing to lock in gains,” said Vincent Liu, Chief Investment Officer at Kronos Research, in a statement to Cointelegraph.
Liu added that the outflows represent a natural pause following a significant price rally, rather than a signal of widespread fear among institutional investors. “It’s not panic but positioning,” he said, emphasizing the tactical nature of the move.
Earlier this month, Bitcoin ETFs had reached record-breaking inflows, with July 10 and 11 each surpassing $1 billion — the first time in history that consecutive days saw such volumes of inflows into Bitcoin-focused funds.
Ether ETFs Maintain Inflow Momentum
While Bitcoin ETFs saw a pullback, spot Ether ETFs continued to attract investor capital, extending their own inflow streak to 12 consecutive days. On Monday, Ether ETFs registered $296.59 million in net inflows, pushing cumulative inflows to $7.78 billion.
The streak follows record-setting activity last Wednesday, when Ether ETFs pulled in $726.74 million in a single day — the largest daily inflow since their launch. The next day, they added another $602.02 million, signaling growing institutional appetite for Ethereum-based investment products.
Market Outlook
The divergence between Bitcoin and Ether ETF flows highlights the ongoing investor interest in diversified crypto exposure, even as some market participants move to lock in profits from Bitcoin’s recent gains. With Bitcoin trading near all-time highs and Ethereum gaining momentum, market watchers expect continued volatility and rebalancing activity in the weeks ahead.
