Live markets: Bitcoin ETFs bled cash Monday while every other crypto ETF gained

Bitcoin exchange-traded funds (ETFs) experienced a net outflow of $15.5 million on Monday, March 18, 2024, according to data from Farside Investors. This outflow was primarily driven by Grayscale's Bitcoin Trust (GBTC), which saw $642.5 million leave the fund. In contrast, other cryptocurrency ETFs collectively attracted $134.8 million in new investments on the same day. Funds tracking Ether, XRP, Solana, and the newly launched Hyperliquid platform all recorded inflows, indicating diversified investor interest beyond Bitcoin. The total assets under management for all Bitcoin ETFs now stand at $59.3 billion, a decrease from the previous day's $59.5 billion.