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U.S. Spot Bitcoin and Ether ETFs Post $538.3 Million in Outflows Monday

U.S. Spot Bitcoin and Ether ETFs Post $538.3 Million in Outflows Monday

Photo: TokenPost

U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded combined net outflows of $538.3 million Monday, extending withdrawals across both crypto fund groups. Bitcoin ETFs accounted for $398.6 million of the total, while Ether ETFs had $139.7 million in net outflows. The Bitcoin figure marked a second consecutive trading day of large withdrawals from spot funds tracking the asset. Ether funds posted net outflows for a sixth straight day, extending a longer run of withdrawals than Bitcoin funds. A net outflow means more money left a fund group than entered it during the measured period.

Source: TokenPost

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