Bitcoin ETF Outflows Return as Price Slips Below $86,000 Ahead of ATH Anniversary

US spot Bitcoin ETFs shed $89.9 million on Monday, reversing two days of inflows as Bitcoin slipped below $86,000. The funds had pulled in around $293 million over the previous two October trading sessions, and Monday’s total trading volume reached $2.18 billion, according to Blockto data.

Bitcoin ETF Net Inflows Since the Peak

Since that record, cumulative net inflows into US spot Bitcoin ETFs have dropped 5.8%, from about $61.3 billion to $57.7 billion as of Monday. The decline shows how much investor money has left the products over the past year as prices cooled.

Ether, Solana, Zcash and XRP ETF Flows

US spot Ether ETFs recorded roughly $51 million in net outflows Monday, their fifth straight losing session. The streak has cost the funds $206 million, and cumulative net inflows stand at $13.8 billion. Other altcoin funds were mixed. Solana ETFs lost $9.3 million and Zcash funds lost $3.6 million, while XRP ETFs saw no net flows after $3.3 million in outflows on Friday.