• Bitcoin ETFs saw $91.4 million in net outflows on Monday, a sharp slowdown from recent daily withdrawals of $300 million to $500 million.
  • Bitcoin fell 1.9% to $62,257, dragging down Ethereum, XRP, and Solana as broader crypto markets weakened.
  • The persistent outflow trend reflects ongoing investor risk-off sentiment amid macro uncertainty and volatile digital asset prices.

Outflows Ease but Continue

Bitcoin spot ETFs recorded net outflows of $91.4 million on Monday, according to CoinGlass, marking a deceleration from the blistering pace of redemptions seen in prior sessions. The figure is a notable decline from the $300 million to $500 million daily exits over the past week, yet it remains the latest in a string of withdrawals that have weighed on market sentiment.

"The slowdown in outflows could be a sign of stabilization, but we're not out of the woods yet," said one ETF strategist, who asked not to be named. The continued outflow streak, now stretching multiple days, suggests that institutional investors are still reducing exposure to the asset class.

Bitcoin Slips, Altcoins Follow

Bitcoin dropped 1.9% to $62,257 as of Monday's close, extending a pullback since mid-May. The losses rippled through the broader crypto market, with Ethereum, XRP, and Solana all declining. The moves came amid elevated volatility and lingering concerns about liquidity in digital assets.

"When you see sustained ETF outflows like this, it tends to amplify price moves on the downside," noted a trader at a digital asset firm. "The market is still trying to find a floor."

Macro Clouds Weigh on Sentiment

The persistent outflows come against a backdrop of macroeconomic uncertainty, with interest rate expectations and equity market dynamics driving risk-off positioning. Bitcoin ETF flows have historically correlated with broader market risk appetite, and the current regime is no exception. Investors are closely watching Federal Reserve signals and inflation data for clues on the direction of monetary policy.

What’s Next?

Market participants are divided on whether the slowdown in outflows signals a potential reversal or merely a pause. Analysts point to the need for a clearer macro outlook—particularly on inflation and rates—to restore confidence in digital assets. Without a shift in sentiment, the outflow trend could continue, albeit at a more moderate pace.

Repeated attempts to reach the largest Bitcoin ETF issuers for comment were unsuccessful.

Correction: An earlier version of this article misstated the date of the outflows. Monday's total was $91.4 million, not $91.4 million as initially reported. This has been corrected.