US Spot Bitcoin ETF Outflows Reach 60.4 Million Dollars as Investors Rotate Toward Ethereum and XRP

US spot Bitcoin exchange traded funds recorded 60.48 million dollars in net outflows on Monday, highlighting the ongoing volatility sweeping across major digital asset markets. The uneven flow patterns reflect fast moving capital between funds as investors reassess exposure to Bitcoin following recent price swings.

According to data from SoSoValue, the IBIT fund by BlackRock was the lone bright spot, attracting 28.76 million dollars in new inflows. Despite this support, broader pressure persisted across the sector.

The largest outflow came from the GBTC fund managed by Grayscale, which lost 44.03 million dollars. Fidelity’s FBTC fund followed with 39.44 million dollars in outflows. Analysts note that the pattern reflects continued sensitivity to Bitcoin’s short term price turbulence, even as certain products remain resilient.

Ethereum ETFs See Renewed Interest

In contrast to Bitcoin’s mixed flows, US spot Ethereum funds recorded 35.5 million dollars in net inflows on Monday. The ETHA fund by BlackRock contributed the majority, drawing 23.7 million dollars. The data suggests that many institutional investors still consider Ethereum a compelling long term opportunity despite broader market uncertainty.

XRP and Solana ETFs Gain Momentum

Investor rotation extended beyond the two largest assets. Newly launched spot XRP ETFs have already attracted more than 900 million dollars in cumulative institutional capital since debuting last month. On Monday alone, four XRP funds drew 38.04 million dollars, marking the strongest first month for any alternative asset ETF in the crypto sector.

Spot Solana ETFs also sustained momentum. Fidelity’s FSOL fund recorded 1.18 million dollars in daily inflows, contributing to a cumulative 640.06 million dollars since launch on October 28. According to CoinMarketCap, XRP recently touched 2.20 dollars before settling near 2.06 dollars, while Solana climbed nearly 5 percent over the past week to reach 133.16 dollars.

Analysts Expect Continued ETF Expansion

Catherine Dawley, Executive Director at Bitwise Asset Management, told DL News that spot crypto ETFs are likely to grow further as investors diversify into regulated digital asset products.

She noted that alternative asset ETFs, particularly those tracking Solana and XRP, benefit from strong fundamentals that could support continued price appreciation.