Bitcoin ETF Inflows Stall After 12-Day Run as Altcoin Interest Surges
Spot Bitcoin ETFs posted $131.4 million in net outflows on Monday, ending a 12-day streak that brought over $6 billion into the funds, according to data from Farside Investors. The reversal comes amid a pause in Bitcoin’s rally and growing investor appetite for altcoins.
Bitcoin traded sideways to begin the week, holding near $117,700 after setting a new high just shy of $124,000 earlier this month. The ETF inflow streak had closely mirrored the asset’s sharp climb, reflecting sustained institutional demand. Monday’s outflows, while notable, are being viewed as a natural cooldown following a period of strong momentum.
Meanwhile, altcoins — especially Ethereum — are regaining traction with investors. Ether-based ETFs saw $296.5 million in inflows Monday, bringing total assets added since July 2 to $8 billion. The ETH/BTC ratio, which had been declining for years, has bounced 24% over the past week and nearly 40% over the past month, signaling a shift in relative strength.
The divergence in ETF flows suggests a strategic reallocation as investors diversify within the crypto market or rotate into assets with perceived upside following Bitcoin’s extended run. Analysts note that such positioning is typical when market leadership begins to broaden beyond a single asset.
Despite the cooling in ETF demand, Bitcoin remains up nearly 20% over the past month and continues to hover near record highs. While short-term volatility remains a factor, capital flows into digital assets appear healthy — though increasingly distributed across a wider range of tokens.
