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Bitcoin ETF outflows total $236 million as IBIT leads selling
BlackRock’s IBIT accounted for about $201 million of Monday’s spot bitcoin ETF outflows, while most other funds posted flat to gains.
U.S. spot bitcoin ETFs saw total outflows of about $236 million on Monday, with BlackRock’s iShares Bitcoin Trust, IBIT, accounting for roughly $201 million of that decline, according to SoSoValue data cited by CoinDesk.
Fidelity’s FBTC contributed another roughly $44 million to the outflow, while Bitwise’s BITB was the only fund showing inflows of about $8 million. The remaining nine funds in the complex posted no activity, while other parts of the lineup stayed green.
CoinDesk also noted that ether ETFs added about $11 million for a 12th consecutive day. XRP funds drew about $14 million, solana funds added roughly $10 million, and Hyperliquid brought in nearly $2 million.
In parallel market coverage, CoinDesk said CME’s FedWatch showed traders pricing a 68% probability of the Federal Reserve raising its benchmark rate by 25 basis points later this month, with the report pointing to hawkish remarks by Fed Chair Kevin Warsh as a potential headwind for risk assets including bitcoin.
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