Bitcoin exchange-traded funds suffered their third-largest single-day outflow of 2026 on Monday, with BlackRock's fund alone shedding $448 million as institutional investors pulled back from the largest crypto asset. Ether ETFs extended their losing streak to six consecutive sessions, while XRP and Solana funds managed to attract modest inflows during the broader market selloff.
BlackRock's $448 million exit
The $448 million outflow from BlackRock's Bitcoin ETF accounted for the bulk of the day's redemptions across the sector. It was the biggest single-day hit for the fund since early March and pushed the total year-to-date tally for all Bitcoin ETFs deeper into negative territory. The timing isn't great — the third-largest outflow of 2026 comes just as the market was hoping for a steadying of institutional flows after a choppy spring.
Ether ETFs keep sliding
Ether funds extended their losing streak to six straight sessions, though the facts don't specify exact dollar amounts for each day. The streak suggests persistent unease among ether-focused allocators. Ether has trailed bitcoin in year-to-date returns, and the ETF flows reflect that skepticism. No single ether fund has broken out of the pattern.
XRP and Solana buck the trend
Not every corner of the crypto ETF market bled on Monday. XRP and Solana ETFs recorded modest inflows, a sign that some investors are willing to rotate into smaller, more speculative names even as they flee the two largest tokens. The inflows were small relative to the bitcoin outflows, but they show demand for diversification exists below the top two.
The question now is whether the bitcoin ETF exodus will accelerate or stabilize. This week's flows will be watched closely — another day of $400-million-plus redemptions would make it the worst month of 2026 for the funds so far.
