Bitcoin ETF outflows returned with force on Monday. US spot Bitcoin ETFs recorded $424.66 million in net outflows.
This marks the biggest single-day withdrawal in July. The data comes from Farside Investors.
Why Bitcoin ETF outflows returned
The latest outflow reversed last week’s positive trend. Last week saw $197.4 million in new inflows. This briefly ended an eight-week run of withdrawals.
Many hoped institutional demand was recovering. However, the renewed selling shows ETF demand remains fragile. June was a record outflow month. Investors pulled $4.51 billion from the funds then.
Year-to-date outflows reach $5.8B
US spot Bitcoin ETFs have seen $5.8B in outflows this year. The latest withdrawals add to broader selling pressure.
Despite this, total net assets stand at $74.79 billion. Cumulative net inflows are at $50.85 billion. The funds first crossed $50B in July 2025. That was about 18 months after launching.
Bitcoin ETF reversal adds to uncertainty
The failure to extend inflows adds to investor caution. Market observers remain divided on Bitcoin’s outlook.
CryptoQuant analyst Sunny Mom pointed to mixed signals. Nearly $10B left ETFs since Oct 11, 2025. This suggests weak institutional demand. However, the number of new Bitcoin whales continues to grow.
“A definitive, broad-based market bottom has yet to be confirmed,” Sunny Mom wrote on Thursday.
Whale accumulation could help limit further downside. However, it does not yet signal a sustained recovery.
Bitcoin trades at $62,583 at publishing time. It is roughly 30% below its level at the start of the year. TradingView data confirms this.