Spot Bitcoin ETFs See Outflows After 12-Day Inflow Streak
Spot Bitcoin ETFs recorded $131.35 million in net outflows on Monday, ending a 12-day inflow streak that brought in $6.6 billion. ARK Invest’s ARKB led the outflows with $77.46 million, followed by Grayscale’s GBTC ($36.75 million) and Fidelity’s FBTC ($12.75 million), according to SoSoValue data.
Understanding the Market Shift
Vincent Liu, CIO at Kronos Research, told Cointelegraph these outflows represent normal profit-taking rather than market panic. “This reflects measured portfolio rebalancing after strong gains,” Liu explained. “It’s strategic positioning, not fear-driven selling.”
Market Context
Despite Monday’s outflows, total Spot Bitcoin ETF assets remain strong at $151.60 billion. The market saw record inflows earlier in July, including back-to-back $1 billion+ days on July 10-11.
Ethereum ETFs Continue Growth
Spot Ether ETFs extended their inflow streak to 12 days, adding $296.59 million on Monday. The sector saw its largest single-day inflow ($726.74 million) on July 16, demonstrating sustained investor interest in Ethereum products.