Bitcoin and Crypto ETFs Reverse Course with $59 Million in Outflows

U.S.-listed crypto ETFs saw significant outflows on Tuesday, following a strong institutional demand seen during previous trading sessions. The combined net outflows totaled approximately $58.7 million, led by withdrawals from Bitcoin and Hyperliquid funds as cryptocurrency markets retreated.

BTC spot ETFs recorded the largest losses, with $46.65 million in net outflows, reversing the trend of strong institutional demand seen earlier. Grayscale's GBTC was responsible for the largest Bitcoin withdrawal, losing $65.51 million during the session, while Fidelity's FBTC followed with $17.05 million of outflows.

Hyperliquid ETFs lost another $12.96 million, while Solana products recorded a smaller $668,000 outflow. Ethereum ETFs were flat, but XRP was the only major category tracked to attract fresh capital, recording approximately $1.55 million in net inflows.