Bitcoin ETF Inflows Halt After Nearly Two Weeks of Gains

Bitcoin ETF Inflow Streak Ends at 12 Days as Investors Rotate to Ethereum

After nearly two weeks of uninterrupted inflows, U.S.-listed spot Bitcoin ETFs recorded $131.4 million in outflows on Monday, according to data from Farside Investors. The move marks the end of a 12-day streak that saw more than $6 billion flow into the funds during Bitcoin’s sharp rally to new highs.

Bitcoin traded mostly flat to start the week, hovering around $117,700, well below its recent all-time high of just under $124,000. The pause in price action appears to have coincided with a broader investor shift toward altcoins, particularly Ethereum.

Ether-based ETFs brought in $296.5 million on Monday alone, extending their total inflows to $8 billion since July 2. The ETH/BTC ratio — a key indicator of market preference between the two largest digital assets — has surged 24% in the past week and 39% over the last month, reversing a long downtrend.

While the outflows from Bitcoin ETFs don’t necessarily suggest bearish sentiment, they highlight a temporary shift in positioning as investors seek exposure to assets with greater short-term upside. The divergence in flows could also reflect profit-taking after Bitcoin’s extended rally and a reallocation toward newer ETF offerings and underperforming sectors of the crypto market.

Despite the cooling of ETF demand, Bitcoin remains up nearly 20% over the past month and continues to trade near record levels. With capital still flowing into the digital asset space, attention is now turning to whether altcoins can sustain their momentum and broaden the next leg of the market cycle.