U.S. Bitcoin and Ethereum exchange-traded funds (ETFs) continued their losing streak on Monday, marking another day of outflows as investor sentiment remains fragile amid mounting political and macroeconomic uncertainty.
according to Data From SoSoValue Bitcoin (BTC) ETFs recorded net outflows of $40.47 million on Monday, the fourth straight day of withdrawals. BlackRock’s IBIT led the losses, losing $100.65 million, while Fidelity’s FBTC and Bitwise’s BITB recorded inflows of $9.67 million and $12.05 million, respectively.
The cumulative net inflow into spot Bitcoin ETFs now stands at $61.50 billion, with total net assets falling to $149.66 billion, or approximately 6.76% of Bitcoin’s market capitalization.
Ethereum (ETH) ETFs saw a similar pattern, recording daily net outflows of $145.68 million, the third straight session in the red. BlackRock’s ETHA saw the largest single-day withdrawal at $117.86 million, followed by Fidelity’s FETH, which lost $27.82 million.
Related to: Bitcoin ETFs Lost $1.2 Billion in Red Week, but Schwab Remains Bullish
“No Kings” protests sweep the United States
The continued outflows come amid increasing political unrest in the United States. On Sunday, as the US government shutdown entered its 18th day, “No Kings” demonstrations broke out across the country, accusing the Trump administration of sliding toward authoritarianism.
From Times Square in New York to Portland and Los Angeles, crowds chanted “Resist fascism” and “We the people rule.” According to For a report from Politico.
In a note shared with Cointelegraph, Bitonics analysts said that “political turmoil is not just a clash between public sentiment and power, but rather a stress test of institutional confidence.”
They warned that if the shutdown persists, its impact could ripple from liquidity to structural confidence in the US system. “The market’s next move may depend on whether the country’s political institutions are able to restore consensus amid deep division,” they said.
Related to: BlackRock launches Bitcoin ETP after UK lifts trading ban
The de-risking phase dominates the market
Meanwhile, Vincent Liu, chief investment officer at Kronos Research, told Cointelegraph that the continued outflows of ETFs reflect a broader phase of de-risking. “Investors are locking in profits and sidelining new capital; both ETFs are seeing lower risk appetite and bidding depth across the board,” Liu said.
He added that the political turmoil in the United States has deepened the warning mood. “Eroding confidence in policy stability is pushing capital toward defensive play,” Liu noted.
Looking ahead, Liu expects volatility to remain high as markets await a clearer policy direction. “A more defined macro path or easing of US political tension could restore confidence, revive risk appetite and turn ETF flows positive,” he said.
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The post Spot Bitcoin, Ethereum ETFs Extend Outflows Amid US Political Turmoil first appeared on Investorempires.com.
