U.S. Bitcoin and Ether ETFs See Largest Outflows Since November as Prices Fall
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, marking the largest withdrawals since November 20, as crypto markets fell and bitcoin dropped to $85,100.
Bitcoin ETFs accounted for $357.6 million of the outflows, the heaviest in nearly two weeks, while ether ETFs saw $224.8 million redeemed, extending a three-day streak of withdrawals, according to Farside data.
Historically, Mondays have been weaker for bitcoin. Velo data shows it is the third-worst performing day of the week over the past 12 months, trailing only Thursday and Friday, with several of bitcoin’s local lows in 2025 occurring on Mondays.
A key level to watch is the U.S. ETF cost basis, representing the average entry price of bitcoin held by ETFs. At roughly $83,000, it has previously supported rebounds during lows on November 21 and December 1, per 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For ether ETFs, iShares Ethereum Trust (ETHA) accounted for the bulk of redemptions, with $139.1 million withdrawn.
