US-listed Bitcoin ETFs posted their first net withdrawals in nine session as BTC dropped below $77,000 Monday.
Bitcoin ETFs have seen a $263m net outflow on Monday. It is the largest outflow since April. according SoSoValue Data
BTC was up about 10% during the same period. according CoinGecko.
Inflows of Bitcoin ETF daily from April 13 to 2026. Source: SoSoValue
Alongside Bitcoin’s run, the Crypto Fear & Greed Sentiment Index on Monday moved You may also like: “Neutral” For the first time since three months, a score 47 was recorded. The index has now flipped to “Fear” BTC’s rally failed to reach $80,000 on Tuesday.
Fidelity Bitcoin ETF has the largest outflow at $150 million
Fidelity’s Wise Original Bitcoin Fund (FBTC) saw outflows of $150 million on Monday. according Farside
Grayscale Bitcoin Trust ETFs (GBTC) & ARK 21Shares Bitcoin ETFs (ARKB), with approximately $47 mln and $43 mln, respectively, followed.
The daily spot Bitcoin ETF flows by issuer, starting from April 20, 2020. Source: Farside
BlackRock’s iShares Bitcoin Trust Trust ETFs (IBIT and MSBT) both saw flat flow after several days of high inflow.
Related: Bitcoin leads $1.2B weekly inflows into crypto investment products
The negative sentiment extended also to Ether ETFs. posted On Monday, $50.5 Million in withdrawals were recorded. XRP, Solana and other ETFs saw no new inflows.
The institutional Bitcoin demand is outpacing the mining supply
Bitcoin’s April rally was due to institutional demand exceeding mining supplies.
Michael Saylor’s Strategy The global ETFs purchased another 34,552 BTC for their clients during the same time period.
According to HODL15Capital’s data, this compares to the estimated 11,829 BTC mined in total so far this year.
Source: HODL15Capital
CryptoQuant Japan analyst XWIN said Bitcoin’s rapid decline during the past days likely wasn’t caused by a supply-demand imbalance but rather by other factors. “classic liquidity event” The forced liquidation of long leveraged positions is the trigger.
CryptoQuant’s analysis of the cryptographic system was conducted in an earlier period. said A rejection of $80,000 would indicate an overhead supply level at this level. This could extend the drawdown both for ETF investors as well as short-term whales.
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Source: cointelegraph.com
