Bitcoin ETFs See $89.9 Million Outflows as BTC Dips Below $86,000
After two days of positive inflows, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a sharp reversal on Monday, with investors withdrawing $89.9 million as Bitcoin's price dipped below $86,000. This shift came amid a broader market pullback, with Bitcoin trading at $85,559, a 32% decline from its all-time high of $126,080 set on October 6, 2025. The outflows marked a notable contrast to the prior two days, which saw combined inflows of $293 million, highlighting how quickly investor sentiment can change when prices weaken.
The pullback occurred just before the first anniversary of Bitcoin's record peak, a milestone that has been influencing investor positioning. Cumulative net inflows into U.S. spot Bitcoin ETFs have declined by 5.8% since the start of October, dropping from $61.3 billion to $57.7 billion. This suggests growing caution among institutional investors as they reassess their exposure to the cryptocurrency.
Meanwhile, U.S. spot Ether ETFs recorded $51 million in net outflows on Monday, extending a five-day losing streak. The funds have lost $206 million over that period, though cumulative net inflows remain positive at $13.8 billion. Other altcoin ETFs also saw mixed results, with Solana funds losing $9.3 million and Zcash funds shedding $3.6 million. XRP ETFs recorded no net flows on Monday after experiencing $3.3 million in outflows the prior Friday.
Despite Monday's outflows, Bitcoin ETFs posted their third consecutive week of net inflows, drawing $241.1 million. This lifted cumulative net inflows to $57.8 billion since launch, with year-to-date net inflows standing at about $1.2 billion. In contrast, Ether ETFs reversed course last week with $138 million in net outflows, though they remain positive for the year with approximately $1.5 billion in inflows. The divergence between Bitcoin and Ether investment products suggests investors are becoming more selective in their approach.
Market sentiment showed signs of cooling, with Alternative.me's Crypto Fear & Greed Index slipping to 70 from a previous reading of 74, still in 'Greed' territory. The latest figures suggest investors are reassessing risk as Bitcoin loses momentum, and traders are treating multi-day drawdowns in ETF flows as more than a temporary sentiment swing. The next trading sessions will clarify whether Monday's outflows were a temporary pause or the start of another rebalancing phase.