United States spot Bitcoin and Ether exchange-traded funds (ETFs) experienced combined outflows exceeding $755 million on Monday, following significant crypto liquidations over the weekend.
Bitcoin (BTC) ETFs reported a net outflow of $326.52 million, according to SoSoValue data. Fidelity’s Wise Origin Bitcoin Fund (FBTC) had the largest outflow at $93.28 million, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $145.39 million.
Other important funds, like Ark 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB), also faced daily outflows of $21.12 million and $115.64 million, respectively. However, BlackRock’s iShares Bitcoin Trust (IBIT) experienced inflows of $60.36 million.
As of now, total cumulative inflows stand at $62.44 billion, with total net assets across all spot BTC ETFs reaching $157.18 billion, or 6.81% of Bitcoin’s market cap. Overall, these funds saw $2.71 billion in inflows last week.
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Ether ETFs encounter $428 million outflows
Ether (ETH) ETFs logged $428.52 million in outflows on Monday. BlackRock’s iShares Ethereum Trust (ETHA) recorded the largest daily outflow of $310.13 million, followed by Grayscale’s Ethereum Trust (ETHE) at $20.99 million, and Fidelity’s Ethereum Fund (FETH) at $19.12 million.
Bitwise’s Ethereum ETF (ETHW) and VanEck’s Ethereum ETF (ETHV) also showed smaller losses. ETHA remains the largest fund with $17.02 billion in net assets and a 3.29% market share, while total ETH ETF trading volume reached $2.82 billion for the day.
The outflows occurred as the crypto market experienced record $20 billion in liquidations over the weekend, triggered by US President Donald Trump’s announcement of 100% tariffs on all Chinese imports starting Nov. 1, in response to Beijing’s new export restrictions on rare earth minerals.
Public companies and ETFs now hold 12.2% of Bitcoin’s total supply. The consistent increase in holdings reflects ongoing institutional accumulation throughout this year.
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Investor caution prompts crypto ETF outflows
Vincent Liu, chief investment officer at Taiwan-based Kronos Research, informed Cointelegraph that the withdrawals are due to investor caution following recent liquidations.
“Investors are remaining on the sidelines, waiting for clearer macro direction before re-engaging,” Liu stated. “Currently, market sentiment is driving activity more than fundamentals,” he added.
The analyst mentioned that events like the resolution of the US government shutdown or advancements in trade negotiations could help restore confidence, potentially igniting renewed interest in both Bitcoin and Ether ETFs.
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