US-listed spot Bitcoin ETFs recorded $201 million in net outflows on Monday, while BlackRock’s flagship fund saw withdrawals for a seventh straight day. A $22 million inflow to the Morgan Stanley Bitcoin Trust ETF partly offset the losses. The funds have recorded about $1.5 billion in net outflows over six trading sessions and $1.1 billion in net withdrawals for the year.
Monday’s outflows were lower than Friday’s $412 million. US spot Ether ETFs recorded about $185 million in outflows on Monday, their largest daily withdrawals since Oct. 6. The Bitcoin ETF losses continued despite Coinbase’s newly effective national trust bank charter, but the source does not establish a link between the two.
