Bitcoin ETFs Shed $90M as BTC Sits 32% Below ATH — SkimNews
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- US spot Bitcoin ETFs shed roughly $90 million on Monday, pulling cumulative net inflows down 5.8% from approximately $61.3 billion to $57.7 billion as of Monday, according to SoSoValue.
- BTC trades roughly 32% below its year-old all-time high.
- US spot Ether ETFs posted approximately $51 million in net outflows on Monday, extending their losing streak to five consecutive trading days.
- Ether ETFs lost a combined $206 million during the five-day streak, with cumulative net inflows now standing at $13.8 billion, per SoSoValue.
- Solana (SOL) ETFs recorded net outflows of $9.3 million on Monday.
- Zcash (ZEC) ETFs recorded net outflows of $3.6 million on Monday.
- XRP ETFs saw zero net flows on Monday after posting $3.3 million in outflows on Friday.
Why it matters: The selling spread beyond Bitcoin — Ether funds alone shed $206 million over five sessions and even Solana and Zcash products bled — the broadest cross-asset ETF outflow event in the article, with cumulative BTC ETF inflows rolling back to a baseline still 5.8% below their recent peak.
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