Investor appetite for Bitcoin investment products strengthened again at the start of the week, ending a brief period of withdrawals that had weighed on cryptocurrency-linked exchange-traded funds.
Data from SoSoValue showed that US spot Bitcoin exchange-traded funds attracted approximately $167 million in net inflows on Monday as the cryptocurrency moved closer to the $70,000 price level.
The inflows followed two consecutive trading sessions dominated by redemptions, during which roughly $577 million exited the funds across Thursday and Friday combined.
Bitcoin itself was trading near $70,015 at the time of reporting, according to CoinGecko data, reflecting modest recovery after recent volatility in the broader digital asset market.
The renewed demand suggested that institutional investors were again allocating capital to the largest cryptocurrency as prices approached a psychologically important threshold.
Altcoin ETFs Continue Facing Pressure
While Bitcoin funds regained momentum, investment vehicles tied to other major cryptocurrencies continued to experience significant selling pressure despite modest price gains in their underlying assets.
Exchange-traded funds linked to Ether, XRP, and Solana all recorded further net outflows on Monday, extending a multi-day trend of investors withdrawing capital from altcoin-focused products.
SoSoValue data indicated that Ether ETFs lost $51 million during the session, while XRP products saw $18 million leave the funds and Solana ETFs recorded withdrawals of roughly $2.5 million.
Across the past three trading days, Ether has experienced the largest cumulative losses among the group, with total outflows reaching approximately $225 million.
Although selling pressure in Ether and Solana funds has gradually moderated over the same period, XRP products have experienced accelerating withdrawals totaling roughly $41 million since Thursday.
Solana-related funds have also seen consistent but smaller outflows, with around $16 million exiting the products during the recent three-day stretch.
Market Sentiment Influenced By Geopolitical Developments
The broader cryptocurrency market received a temporary boost after comments from US President Donald Trump suggested that tensions related to the conflict involving Iran could soon ease.
Trump told reporters on Monday that the war with Iran could be approaching its conclusion, a development that helped calm financial markets and pushed global oil prices lower.
Lower energy prices and reduced geopolitical uncertainty often encourage investors to take on more risk, which can support assets such as cryptocurrencies and technology-linked investments.
During the same period, several major digital tokens recorded gains of between three and five percent over a twenty-four-hour timeframe, according to market data from CoinGecko.
Despite those price increases, the continued withdrawals from altcoin ETFs indicated that institutional investors remained cautious about committing capital beyond Bitcoin itself.
Analysts Warn Market Bottom May Not Be Reached
Some market analysts have warned that it may still be too early to conclude that the recent downturn in the cryptocurrency market has fully run its course.
A CryptoQuant analyst known as IT pointed to the Bitcoin long-term holder to short-term holder spent output profit ratio as an indicator that selling pressure remains present among newer market participants.
The metric recently dropped to 0.89, suggesting that short-term holders were continuing to sell Bitcoin at a loss rather than realizing profits on their positions.
Such behavior is typically associated with periods of market stress, when investors who entered positions during higher price levels decide to exit as volatility increases.
However, the analyst emphasized that the current readings do not yet reflect the type of widespread capitulation historically associated with the formation of a definitive market bottom.
As a result, the data suggests that while pressure in the market is increasing, a clearer turning point for Bitcoin prices may still lie ahead.
