Bitcoin ETFs Gain $167M While Altcoin Funds See Outflows

US spot Bitcoin exchange-traded funds posted $167 million of net inflows on Monday, snapping a two-session stretch of outflows after roughly $577 million left on Thursday and Friday. Bitcoin rose toward $70,000 and was trading at $70,015 at the time of writing, as investor demand returned to the largest cryptocurrency.

Demand weakened for other crypto-linked ETFs. Altcoin funds faced significant selling even as Ether, XRP and Solana climbed 3–5% over the past 24 hours. Ether, XRP and Solana ETFs recorded outflows of $51 million, $18 million and $2.5 million on Monday, marking a three-day streak of withdrawals and leaving Ether with the largest cumulative losses of about $225 million.

Selling of ETH and SOL has eased across the past three trading sessions, while XRP outflows have picked up, totaling roughly $41 million since Thursday. Solana’s outflows amounted to about $16 million over the same period. Comments that the war with Iran could be coming to an end helped ease geopolitical fears and pushed oil prices lower.

United States

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