Spot bitcoin ETFs see $145 million exit as outflows persist
The 11 spot bitcoin ETFs saw a total net outflow of $145.83 million on Monday.The ETFs experienced $580 million in weekly outflows last week amid the hawkish FOMC meeting, according to CoinShares.
U.S. spot bitcoin exchange-traded funds saw net outflows on Monday after the funds reported a weekly outflow of $580 million last week.
The 11 bitcoin ETFs posted a total net outflow of $145.83 million, led by Fidelity’s FBTC, which shed $92 million on Monday, according to data from SoSoValue. FBTC, which typically reports sizable net inflows, saw net outflows of around $140 million last week.
Ark Invest and 21Shares’ ARKB followed with net outflows of $50 million, while Grayscale’s GBTC and VanEck’s HODL also recorded negative flows of around $4 million. The only net inflows, though minimal, came from Bitwise’s BITB, totaling $3 million. BlackRock's IBIT, the largest spot bitcoin ETF in terms of net asset value, posted zero flows yesterday.
The net outflows brought the cumulative total net inflows of spot bitcoin ETFs down to $14.96 billion, SoSoValue’s data showed.
Spot bitcoin ETFs in the U.S. were on their longest streak of net inflows until last week, after the conflicting U.S. non-farm payroll data and unemployment data led to investor uncertainty and exodus from riskier assets.
Larger amounts of net outflows last week were centered around the Federal Open Market Committee meeting on Wednesday, which maintained the country’s current interest rate of 5.25% to 5.50%. While investors had hoped for several rate-cuts this year, the Fed indicated that there would only be one interest rate reduction in 2024.
Digital asset manager CoinShares suggested in a Monday report that the “more hawkish-than-expected” FOMC meeting led investors to reduce their stake in fixed-supply assets.
Bitcoin’s price, which neared $72,000 prior to the release of U.S. economic numbers, gradually moved down to its current level of $65,490 at the time of publication, according to The Block’s bitcoin price page . It was down 1% over the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
$8.8 billion outflow countdown: MSTR is becoming the abandoned child of global index funds
The final result will be revealed on January 15, 2026, and the market has already started to vote with its feet.
Deconstructing DAT: Beyond mNAV, How to Identify "Real vs. Fake HODLing"?
There is only one iron rule for investing in DAT: ignore premium bubbles and only invest in those with a genuine flywheel of continuously increasing "crypto per share."
Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?
1. **Challenges in the Creator Economy**: Web2 content platforms suffer from issues such as opaque algorithms, non-transparent distribution, unclear commission rates, and high costs for fan migration, making it difficult for creators to control their own data and earnings. 2. **Integration of AI and Web3**: The development of AI technology, especially AI Avatar technology, combined with Web3's exploration of the creator economy, offers new solutions aimed at breaking the control of centralized platforms and reconstructing content production and value distribution. 3. **Positioning of the TwinX Platform**: TwinX is an AI-driven Web3 short video social platform that aims to reconstruct content, interaction, and value distribution through AI avatars, immersive interactions, and a decentralized value system, enabling creators to own their data and income. 4. **Core Features of TwinX**: These include AI avatar technology, which allows creators to generate a learnable, configurable, and sustainably operable "second persona", as well as a closed-loop commercialization pathway that integrates content creation, interaction, and monetization. 5. **Web3 Characteristics**: TwinX embodies the assetization and co-governance features of Web3. It utilizes blockchain to confirm and record interactive behaviors, turning user activities into traceable assets, and enables participants to engage in platform governance through tokens, thus integrating the creator economy with community governance.
Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience
Aster is set to launch a privacy-focused Layer 1 (L1) public chain, along with detailed plans for token empowerment, global market expansion, and liquidity strategies.
Trending news
MoreCrypto prices
More
