Bitcoin ETFs Take a Backseat as Smaller Crypto Funds Grow

Monday turned out to be a mixed bag for crypto exchange-traded funds. While most altcoin funds saw fresh money coming in, Bitcoin ETFs faced a net loss of $64 million. Ether funds led the gains with $22. 5 million, followed by Hyperliquid at $17. 2 million. XRP and Solana funds each added about $2. 8 million. The price movements reflected these flows—XRP rose nearly 7%, Solana 6%, and Hyperliquid 11%, all outperforming Bitcoin.Bitcoin ETFs still dominate in total assets, holding around $83 billion compared to Ether’s $10 billion and roughly $1 billion each for the others. But the drop wasn’t universal. BlackRock’s IBIT, the largest fund, actually gained $66 million. The real drag came from Grayscale’s GBTC, an older fund with higher fees that has been losing assets since these new ETFs launched. Without GBTC’s $124 million outflow, Bitcoin ETFs would have had a quiet day. The bigger question isn’t just about Monday’s numbers but what happens next. If these smaller altcoin funds keep attracting investors even after GBTC stops dragging down the totals, the shift could be real. If the inflows fade, Monday might just look like a blip. Time will tell whether this is a real trend or just a temporary shuffle.