Exchange-traded funds for spot Bitcoin listed in the US have returned to losing money, following a short-lived positive trend.
The net withdrawals from Spot Bitcoin ETFs were $424.66 Million on Monday. This was their largest single-day withdrawal for July. according SoSoValue is a database of data.
Recent outflows reversed last week’s $197.4 million new inflowsThe short stoppage of eight consecutive weeks of withdrawals raised hope for a recovery in institutional demand.
After a month of record-breaking outflows in June, the renewed selling has left ETF demand vulnerable. However, some data onchain shows large Bitcoin investors accumulating.
Bitcoin ETFs have seen a net loss of $5.8 Billion this year
US Bitcoin ETFs recorded a net of $5.8 billion so far in this year. The latest withdrawals are part of a wider period where selling pressure has been increasing.
In June, the net outflow was at its highest monthly level in history. investors pulling $4.51 billion The funds are available.
The daily flow of US listed spot Bitcoin ETFs. Source: SoSoValue
Even though there is ongoing pressure to sell, Bitcoin ETFs still hold significant assets for investors. As of Monday, the total assets stood at $74,79 billion, and net cumulative inflows were $50.85 million.
Related: Lyn Alden says Bitcoin needs no savior as Strategy sells $216M of BTC
After launching the fund in January 20,24, it took about 18 months for funds to reach the 50 billion dollar milestone.
Bitcoin ETF reverse adds uncertainty to market bottom
Investors remain cautious as the US Bitcoin ETFs failed to continue their inflow streak last week. Market analysts are split on whether they should be buying or selling. Bitcoin’s downturn is nearing an end If you want to know more about whether or not more losses are ahead.
CryptoQuant expert Sunny Mom pointed There are mixed signals on the market. While the outflow of nearly $10 billion from US Bitcoin spot ETFs between Oct. 11 and 2025 suggests weak institutional demand while the number new Bitcoin whales is continuing to rise, there has also been an increase in the amount of Bitcoins.
Source: Kyledoops
“A definitive, broad-based market bottom has yet to be confirmed,” Sunny Mom posted an update Thursday. She noted that while whale accumulation may help to limit the further decline, it does not signal a sustainable recovery.
Crypto Fear & Greed Index. Source: Alternative.me
Bitcoin was trading at $62,589 as of publication time. This is roughly 30% lower than its start-of-year level. according to CoinGecko data.
Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
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Source: cointelegraph.com
