Bitcoin ETFs Rebound With $119 Million Inflow as Ether Funds Extend Losses to Sixth Session
Key Takeaways
- •US spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing the previous session's $90 million outflow.
- •Bitcoin's price declined from above $86,600 to below $84,000 during the session and last traded at $83,971, down 2.1% over 24 hours.
- •Ether ETFs posted $202 million in outflows on Tuesday, up from about $51 million the prior day, bringing cumulative six-session outflows to roughly $408 million.
- •A CryptoQuant contributor said Bitcoin's recovery faces increased profit-taking, with the price trading well above active traders' estimated $68,900 cost basis.
- •XRP ETFs attracted $3.1 million in inflows while Solana ETFs recorded $3.7 million in outflows, and Zcash ETFs posted no net flows after two prior sessions of outflows.
US spot Bitcoin exchange-traded funds (ETFs) swung back to net inflows on Tuesday, taking in $119 million even as prices fell, while Ether funds extended their losing streak to a sixth consecutive trading session.
Daily flow figures like these are widely tracked as a gauge of demand through regulated, US-listed vehicles that hold the underlying crypto directly. Data from SoSoValue showed Bitcoin ETFs recorded $119 million in net inflows on the day, reversing Monday's $90 million loss. The recovery came against a weaker backdrop for Bitcoin itself, which fell from above $86,600 earlier in the session to below $84,000. At the time of publication, BTC traded at $83,971, down 2.1% over the past 24 hours, according to CoinGecko.
CryptoQuant contributor MorenoDV said Bitcoin's recovery was facing increased profit-taking, with the price trading at a substantial premium to active traders' estimated $68,900 cost basis. Sustaining the recovery, he said, would depend on whether fresh demand could absorb that selling pressure — making the coming sessions a measure of whether inflows can persist alongside softening prices.
Ether ETFs, meanwhile, continued to see money leave the funds, recording $202 million in outflows on Tuesday — up sharply from around $51 million on Monday — according to SoSoValue. Total outflows over the six-session period have climbed to about $408 million. The split leaves the two largest categories of US spot crypto ETFs moving in opposite directions, with Bitcoin products taking in new money even on a day when the coin's price declined.
Flows elsewhere in the crypto ETF market were mixed on Tuesday. XRP ETFs attracted $3.1 million in net inflows, while Solana (SOL) ETFs recorded $3.7 million in outflows, and Zcash (ZEC) ETFs posted no net flows after logging outflows in each of the previous two trading sessions. Those totals are a small fraction of the sums moving through the Bitcoin and Ether funds, underscoring how the bulk of Tuesday's ETF flow activity remained concentrated in the two largest crypto assets.
