Bitcoin ETFs Break Winning Streak With $144 Million Outflow

Bitcoin ETFs saw a shift in momentum this Monday. After five days of consistent buying, the market recorded $144.67 million in net outflows. This cooling off period follows a week of strong enthusiasm from institutional investors.

The selling pressure hit major products, including those managed by Blackrock and Grayscale. While Bitcoin felt the impact, the trend was not limited to just one asset. Ether funds also struggled during the same session, moving into negative territory as investors stepped back from the market.

Despite the broader pullback, capital is still moving into alternative assets. Exchange traded products tracking Solana and HYPE managed to attract new interest during the session. This suggests that while traders are rotating out of the largest crypto assets, they remain active in other segments of the market.

Looking ahead, traders should watch to see if this is a minor correction or a sign of a longer trend. Increased volatility is common after a long buying streak, and market participants are waiting to see if buyers return at lower price points to restart the momentum.