Bitcoin ETFs See $326 Million Outflow Despite Price Surge, Ethereum Whales Accumulate

Despite a Bitcoin price jump to over $115,000 following a market crash, US-based Bitcoin ETFs experienced significant outflows of nearly $326 million by Monday. This marked the highest daily withdrawals since October 10th. While BlackRock’s iShares Bitcoin Trust (IBIT) saw inflows of $60 million, most other ETFs suffered net redemptions. Ethereum whales drove significant ETH accumulation following a weekend sell-off, pushing the cryptocurrency back to around $4,300 before ETF funds recorded large withdrawals. These contrasting trends suggest profit-taking among larger investors as Bitcoin markets face uncertainty and volatility.