Laika AI
Last Updated
March 10, 2026

Investors returned to Bitcoin-backed ETFs on Monday, even as funds tracking Ether, XRP, and Solana continued hemorrhaging capital amid cautious market sentiment.
US spot Bitcoin ETFs staged a notable recovery on Monday, pulling in $167 million in net inflows after back-to-back sessions of heavy selling. The reversal came as Bitcoin climbed back toward the $70,000 level, reigniting short-term confidence among institutional participants.
The turnaround followed roughly $577 million in combined outflows on Thursday and Friday, according to SoSoValue data, marking the sharpest two-day retreat for Bitcoin ETFs in weeks. The recovery appears tied, in part, to easing macroeconomic anxiety after US President Donald Trump signaled that hostilities involving Iran could be nearing a resolution, cooling oil prices and lifting broader risk appetite.
Despite the crypto market posting modest gains with ETH, XRP, and SOL each rising 3–5% over 24 hours, altcoin-focused ETFs failed to attract fresh capital. Ether funds shed $51 million, XRP products lost $18 million, and Solana vehicles posted $2.5 million in outflows on the same day. This extended a three-day outflow streak, with Ether bearing the heaviest cumulative losses at approximately $225 million since Thursday.
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The divergence between Bitcoin ETF recovery and altcoin fund weakness signals that institutional appetite remains narrowly focused on BTC as the safe harbor of choice within crypto during periods of uncertainty.
Analysts remain cautious, however. On-chain data from CryptoQuant revealed that Bitcoin's long-term holder to short-term holder spent output profit ratio dropped to 0.89, indicating short-term investors are selling at a loss. While this signals growing market stress, it has not yet reached full capitulation territory, suggesting a definitive price floor may remain elusive in the near term.
Until broader sentiment stabilizes and altcoin ETF outflows reverse, Bitcoin's dominance narrative is likely to persist, and institutional flows may continue to reflect that preference.