Bitcoin and Ethereum spot ETFs see $755M in outflows as traders turn cautious after weekend wipeout
Quick Take Spot bitcoin ETFs saw $326.5 million net outflows on Monday, while ether ETFs saw $428.5 million in negative flows. One analyst said Monday’s outflows reflect post-liquidation caution, adding that crypto price volatility will continue in the near term.
U.S. spot bitcoin and ether exchange traded funds saw a combined net outflow of $755 million on the first day after the historic crypto liquidations event over the weekend.
According to SoSoValue data , spot bitcoin ETFs recorded $326.5 million in negative flows yesterday.
Grayscale's GBTC had $145.4 million worth of outflows and Bitwise's BITB had $115.64 million in outflows. While funds from Fidelity, Ark & 21Shares and VanEck also recorded outflows, BlackRock's IBIT reported a positive flow of $60.36 million.
Spot Ethereum ETFs saw a heavier $428.5 million net outflow, with funds moving out from seven ether ETFs with no inflows on the day. BlackRock's ETHA saw $310 million net outflows, which marks its second worst performance since debut.
"Monday’s outflows reflect post-liquidation caution," said Vincent Liu, CIO at Kronos Research. "Investors are pausing, clearly waiting for clearer macro signals before putting more capital to work. Sentiment is driving activity more than fundamentals now."
Crypto saw one of its largest liquidation events in history last weekend, wiping out over $500 billion from the market that pushed down entire crypto prices by 10%. This was triggered by U.S. President Donald Trump's confirmation that he would impose a 100% tariff on Chinese imports.
Despite the major decline, market prices quickly recovered as Trump softened his tone on the trade conflict. The Kronos Research analyst predicted that ETF flows will see a "measured return" as traders seek clearer macro signals.
"The outflows appear to reflect short-term institutional risk management rather than a structural shift in sentiment," Min Jung, Research Associate at Presto Research, also told The Block. "Looking ahead, ETF flows should begin to stabilize as markets absorb the weekend’s volatility and broader macro uncertainty."
Jung added that the market will remain sensitive to U.S.-China trade headlines, which may continue to drive short-term volatility across crypto and other risk assets.
Earlier on Tuesday, China reportedly said that it is ready to "fight to the end" in the trade war with the U.S., suggesting that tension between the two largest economies in the world will persist in the near term.
Crypto prices have already reacted negatively to the news, with bitcoin falling 2.54% to $112,283 while ether dropped 3.39% to $4,030, according to The Block's crypto price page .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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