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CoinDesk·2 min read·medium

Live markets: Bitcoin ETFs bled cash Monday while every other crypto ETF gained

S
Shaurya Malwa
Live markets: Bitcoin ETFs bled cash Monday while every other crypto ETF gained
AI Summary

Bitcoin ETFs experienced net outflows on Monday, primarily driven by divestment from Grayscale's GBTC fund. Conversely, altcoin ETFs for Ether, Solana, XRP, and Hyperliquid saw positive inflows, reflecting a shift in investor interest.

Why it matters

This trend highlights a potential rotation in crypto-asset investment strategies and tests the durability of altcoin-focused financial products against established Bitcoin funds.

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Ether funds gained $22.5 million, Hyperliquid funds $17.2 million, and the XRP and Solana funds about $2.8 million each. That tracks Monday s price action, where the alts ran well ahead of bitcoin, with XRP up about 7%, Solana 6% and Hyperliquid 11% on the day. The flows followed the tape.

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Confidence: 90%

The article provides a balanced market analysis using data-driven observations without taking a stance on the assets themselves.

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