TLDR
- U.S. spot Bitcoin ETFs recorded $291 million in net outflows on Monday, marking the largest daily exit since March 27.
- Bitcoin rose about 5% during the same session and traded near $75,000, reaching a four-week high.
- Fidelity Wise Origin Bitcoin Fund led the withdrawals with $229 million in outflows, according to Farside data.
- BlackRock’s iShares Bitcoin Trust attracted nearly $35 million in inflows and extended its four-day inflow streak.
- Spot Ethereum ETFs added $9.4 million in inflows, while XRP funds gained $1.5 million and Solana funds saw no movement.
Spot Bitcoin ETFs in the United States posted $291 million in net outflows on Monday. The withdrawals marked the largest single-day exit since March 27, according to SoSoValue data. At the same time, Bitcoin rose about 5% and traded near $75,000.
Bitcoin ETFs record $291M exits as BTC hits four-week high
Farside reported that U.S. spot Bitcoin ETFs lost $291 million in one trading session. The figure represents the largest daily outflow since late March. Meanwhile, Bitcoin gained nearly 5% and reached a four-week high close to $75,000.
Fidelity Wise Origin Bitcoin Fund led the withdrawals with $229 million in outflows, based on Farside data. The redemptions concentrated in a few products rather than across all funds. This pattern showed selective repositioning instead of broad-based selling pressure.
With Monday’s activity, spot Bitcoin ETFs moved back into negative territory for the year. Year-to-date data now shows roughly $160 million in cumulative net outflows. The shift reversed earlier gains recorded during previous inflow periods.
Market data showed that BlackRock’s iShares Bitcoin Trust attracted nearly $35 million in inflows on Monday. The fund extended its inflow streak to four consecutive trading days. Over that span, it accumulated about $482 million in new capital.
Morgan Stanley’s Bitcoin Trust ETF, which launched on April 8, also reported steady inflows. The fund recorded four straight days of net subscriptions since its debut. It gathered approximately $68 million during that initial period.
Ethereum, XRP, and Solana funds post mixed flows as sentiment index rises
Spot Ethereum ETFs reported $9.4 million in inflows on Monday. The products marked three consecutive days of gains. Over those sessions, they accumulated close to $160 million in total inflows.
XRP-focused funds added $1.5 million in new capital during the same trading day. In contrast, Solana-linked funds recorded no net movements. The data showed stable positioning across select altcoin products.
The Crypto Fear & Greed Index rose above 20 for the first time since March 19. The index registered a reading of 21, yet it remained in “extreme fear” territory. The change reflected a slight improvement in market sentiment.
CryptoQuant analysts addressed the recent price move and fund flows in market commentary. They stated that “a lasting recovery would require the return of fresh capital to derivatives markets.” They also said that rising open interest would confirm a stronger trend.
Bitcoin traded near $74,000 after approaching the $75,000 level earlier in the session. Price data showed that the rally coincided with the ETF outflows. The latest figures place spot Bitcoin ETFs at about $160 million in net outflows for the year.
