U.S. Bitcoin and Ether ETFs See Largest Outflows Since November Amid Price Decline
U.S. spot bitcoin (BTC$88,457.49) and ether (ETH$2,961.55) ETFs experienced a combined $582 million in net outflows on Monday, the largest since November 20, as crypto markets slumped and bitcoin fell to $85,100.
Bitcoin ETFs accounted for $357.6 million of the withdrawals, the heaviest in nearly two weeks, while ether ETFs saw $224.8 million redeemed, extending a three-day streak of outflows, according to Farside data.
Historically, Mondays have been among bitcoin’s weaker trading days. Velo data shows Monday ranks as the third-worst performing weekday over the past year, behind Thursday and Friday, with multiple 2025 local lows occurring on Mondays.
The U.S. ETF cost basis, representing the average entry price of bitcoin held by ETFs, currently sits near $83,000. This level has historically provided support during prior dips on November 21 and December 1, according to Glassnode.
Among bitcoin ETFs, Fidelity Wise Origin Bitcoin Fund (FBTC) led outflows with $230.1 million, followed by Bitwise Bitcoin ETF (BITB) at $44.3 million and ARK 21Shares Bitcoin ETF (ARKB) at $34.3 million. BlackRock’s iShares Bitcoin Trust (IBIT) reported no net flows.
For ether ETFs, iShares Ethereum Trust (ETHA) accounted for the majority of redemptions, with $139.1 million withdrawn.
