Bitcoin, Ether ETFs see sharp outflows as crypto prices extend decline

• According to data from Farside Investors, spot Bitcoin ETFs posted net outflows of $357.7 million on Monday.
• Spot Ethereum ETFs recorded 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 recorded their largest single-day net outflows in nearly a month on Monday, underscoring growing investor caution as cryptocurrency prices extended a recent downturn and markets braced for key US economic data.

According to data from Farside Investors, spot Bitcoin ETFs posted net outflows of $357.7 million on Monday.

The withdrawal marked the biggest daily outflow since Nov. 20, when $903.1 million exited the funds.

Fidelity’s FBTC led the retreat, recording $230.1 million in net outflows.

Bitwise’s BITB followed with $44.3 million in withdrawals, while ETFs offered by Grayscale, Ark & 21Shares, and VanEck also reported net outflows during the session.

Ether ETFs post largest outflow since November

The selling pressure was not limited to Bitcoin-linked products.

Spot Ethereum ETFs recorded net outflows of $224.8 million on Monday, their largest single-day withdrawal since Nov. 20, highlighting broad-based caution across major digital asset investment vehicles.

The pullback in both Bitcoin and Ether ETFs came as cryptocurrency prices weakened further, tracking a broader decline in global technology stocks and reflecting fading risk appetite for speculative assets.

XRP ETFs buck trend

In contrast to the outflows seen in Bitcoin and Ether funds, US spot XRP exchange-traded funds reached a notable milestone.

The products surpassed $1 billion in cumulative inflows on Monday, according to data from SoSoValue, marking a significant moment for altcoin-focused ETFs.

Spot XRP ETFs recorded $10.89 million in net inflows on the day, with funds from Canary, Grayscale, and Franklin Templeton reporting fresh investments.

The latest additions lifted 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, which launched in October, saw $35.2 million in net inflows on Monday, bringing cumulative inflows to $711.3 million.

Bitcoin slides as risk appetite remains fragile

Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile ahead of several closely watched US economic reports.

The world’s largest cryptocurrency dropped around 4% to $85,987.9, hovering near its weakest level in two weeks and remaining close to a seven-month low reached in late November.

Crypto markets largely tracked losses in global technology stocks, as concerns around artificial intelligence prompted investors to lock in recent profits.

The pullback in tech shares further dampened appetite for cryptocurrencies and other risk-heavy assets.

Bitcoin has steadily lost ground over the past week, finding little sustained support even after the Federal Reserve cut interest rates and struck a dovish tone on monetary policy.

Market participants remain focused on upcoming US data that could shape expectations for future policy moves.

November nonfarm payrolls data is due later on Tuesday, followed by consumer price index inflation figures on Thursday.

Labor market conditions and inflation remain the Federal Reserve’s two primary considerations when adjusting interest rates.

Any signs of weaker payroll growth or softer inflation could bolster expectations for lower rates, a scenario that may help Bitcoin recover some lost ground, given that declining borrowing costs tend to support speculative assets.