United States spot Bitcoin exchange-traded funds extended their downward trend on Monday, shedding a collective $201 million. The broader market losses came alongside a seventh consecutive session of net withdrawals from BlackRock’s iShares Bitcoin Trust.
BlackRock's IBIT recorded $213 million in outflows on Monday, pushing the total losses from the outflow streak that began on October 30 to $1.66 billion, based on data from Farside Investors. While the Morgan Stanley Bitcoin Trust ETF partially offset the overall figures with $22 million in inflows, the total market withdrawals continued a broader period of weakness that has driven year-to-date net withdrawals to $1.1 billion. This contrasts with net inflows of roughly $25 billion recorded by early November in both 2024 and 2025.
Despite the ongoing redemptions, Monday's withdrawals slowed compared to Friday's $412 million. Concurrently, the Crypto Fear and Greed Index rose to 32 from 29 on Monday and 26 the previous week, though it remained within the Fear category.
For crypto market participants, the persistent ETF outflows and muted market reactions to major regulatory developments—such as Coinbase receiving a national trust bank charter—highlight a divergence between rising traditional stock markets and falling digital asset prices. Observers note that such disconnects, alongside broader macroeconomic concerns, continue to shape market sentiment as Bitcoin trades near $74,594.