Spot Bitcoin ETFs experienced outflows of $131.35 million on Monday, breaking a 12-day inflow streak that brought in $6.6 billion. The largest outflow was from ARK Invest’s ARKB, which lost $77.46 million in a day. Grayscale’s GBTC followed suit with $36.75 million in outflows, and Fidelity’s FBTC shed $12.75 million. Other funds such as Bitwise’s BITB and VanEck’s HODL also reported moderate outflows. Despite these outflows, cumulative net inflows remain strong at $54.62 billion, with total net assets for all spot Bitcoin ETFs reaching $151.60 billion, representing 6.52% of Bitcoin's market cap. Analysts suggest the outflows are a natural correction following significant price increases, with institutions managing risk by locking in profits. Notably, the outflow came after record inflows earlier in July, and Ether ETFs continued to see strong interest, registering $296.59 million in net inflows on the same day, totaling $7.78 billion for their inflow streak.

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