Live markets: Bitcoin ETFs bled cash Monday while every other crypto ETF gained
Hex37's read
- Bitcoin ETFs saw outflows on Monday, primarily from GBTC.
- Other crypto ETFs, including Ether, XRP, and Solana, experienced inflows.
- Hyperliquid funds also saw positive cash flow.
What it means for traders
- Focus on GBTC outflows as the main driver of Bitcoin ETF losses, suggesting broader market sentiment for other BTC ETFs might be stable or positive.
- Diversification into Ether, XRP, and Solana ETFs could be considered given their positive inflow trend.
Affected markets
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