Spot Bitcoin ETFs post $40.5M in outflows, marking four straight days of losses as Bitcoin trades near $107,871 amid market volatility.
U.S. spot bitcoin ETFs recorded $40.5 million in net outflows on Monday, extending their streak of daily losses to four days. This activity comes despite a short-lived price recovery in the broader crypto market, including a brief Bitcoin rebound above $111,000 before dropping back under pressure.
BlackRock’s IBIT Leads Monday’s Outflows
According to data from SoSoValue, BlackRock’s IBIT was the only spot bitcoin ETF to post outflows on Monday, totaling $100.7 million. The figure was partly offset by inflows across five other ETFs managed by Fidelity, Grayscale, Bitwise, VanEck, and Invesco.
These offsetting inflows reduced the day’s total net outflows to $40.5 million. Still, the trend reflects a continuation of bearish ETF flows seen in recent sessions. On Friday, spot bitcoin ETFs saw $366.6 million in outflows, while Thursday’s total reached $536.4 million.
Spot Bitcoin ETFs in the U.S. recorded $40.5 million in net outflows yesterday amid a broad recovery in crypto market prices. pic.twitter.com/dLQk3JjEna
— Satoshi Club (@esatoshiclub) October 21, 2025
The ongoing redemptions suggest shifting dynamics in investor behavior during a time of high market volatility.
Price Movement Shows Mixed Market Signals
Bitcoin briefly recovered above $111,000 on Monday before falling again. As of 3:10 a.m. ET on Tuesday, the price stood at $107,871, marking a 3% decline over the past 24 hours. The market remains volatile, with price gains occurring even while institutional flows remain negative.
Vincent Liu, Chief Investment Officer at Kronos Research, explained,
“Prices were climbing even amid ETF outflows when spot and derivatives demand offset institutional redemptions.”
He added that the signals are often unclear due to hedging flows and lagged reporting.
This suggests that ETF flows may not fully reflect retail or institutional sentiment in real time and that market demand may be rotating through other channels.
Ethereum ETFs Also Report Continued Outflows
Alongside bitcoin funds, spot Ethereum ETFs also reported losses on Monday. Total net outflows reached $145.7 million, continuing a three-day streak of negative flows. The trend shows a broader pullback across top crypto-linked investment vehicles, not limited to bitcoin.
📊 Ethereum ETF Flow Update#Ethereum ETFs recorded -$27.8M in outflows on Oct 20, led mainly by Fidelity’s FETH fund. ⚠️
This continues the trend of weakness seen over the past two weeks — with total outflows exceeding $400M since early October.
These consistent redemptions… pic.twitter.com/p8M7PI3TEP
— CryptoPulse (@CryptoPulse_CRU) October 21, 2025
ETF performance continues to play a growing role in understanding market sentiment, especially among institutional participants. With macro conditions shifting, analysts are watching whether the trend in outflows persists or reverses.
Market participants are closely following both price movements and fund flows to evaluate short-term momentum across crypto assets and products.
