THE BLOCK: Spot bitcoin ETFs post $11.6 million in net outflows, extending streak to three days; spot ether ETFs draw $9.2 million
AI Market Summary
Spot bitcoin ETFs posted $11.6 million of net outflows, extending to a third straight day of negative flows, signaling softer marginal institutional demand and pressuring near-term risk appetite. In contrast, spot ether ETFs took $9.2 million of inflows, implying relative resilience in ETH-linked exposure. The session coincided with declines in both BTC and ETH, reinforcing a cautious tone around crypto beta.
Impact level
● Medium
Affected assets
BTC/USDT-2.74%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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THE BLOCK reported that spot bitcoin ETFs logged $11.6 million in net outflows on Monday, marking a third straight session of negative flows. Spot ether ETFs, in contrast, recorded $9.2 million in net inflows. Bitcoin fell 2.8% to $63,480, while ether declined 3.6% to $1,885.