US Spot Crypto ETFs Record $240M Outflow as Bitcoin Funds Lead Redemptions

U.S. spot crypto ETFs saw approximately $240.87 million in total net outflows, with Bitcoin products accounting for the vast majority of the decline.

The data reflects continued institutional caution as Bitcoin trades below $63,000 in a high-volatility environment.

Bitcoin spot ETFs collectively recorded outflows of 3,010 BTC, equivalent to roughly $203.80 million. Ethereum spot ETFs also posted negative flows, with 25,294 ETH leaving funds, totaling about $49.50 million.

BlackRock’s ETF was a major contributor to the session’s selling activity. Its Bitcoin product reduced exposure by 1,720 BTC, valued at $116.40 million. The same issuer also saw $45.40 million in Ethereum redemptions, representing approximately 23,200 ETH.

In contrast, select altcoin ETFs registered modest inflows. Solana spot ETFs added 96,677 SOL, worth approximately $8 million. Chainlink products saw inflows of 223,740 LINK, totaling about $1.85 million, while Avalanche ETFs attracted 310,020 AVAX, valued near $2.58 million.

Spot ETFs tracking XRP, DOGE, LTC, and HBAR recorded no net flows during the session.

The broader picture suggests capital rotation rather than uniform accumulation. Institutional investors appear to be reducing exposure to Bitcoin and Ethereum while selectively allocating smaller amounts toward alternative assets.

If Bitcoin ETF outflows persist, they could continue to add mechanical supply pressure to the market. A stabilization in redemptions, however, would signal a shift in institutional positioning and potentially ease short-term downside risk.

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