Bitcoin ETFs slip into the red for 2026 after a $1.28 billion week, as an Nvidia probe sends its perpetual futures on Hyperliquid down about 4%
US bitcoin funds have now given back everything they took in this year. The 12 US spot bitcoin ETFs had net outflows of $1.28 billion last week, The Block reported from SoSoValue data, with four of five days negative. That took year-to-date flows to about minus $914 million. The funds had entered the week about $368 million positive for the year. Ether ETFs lost about $365 million, their sixth negative week in a row.
The weekend added a new worry from the stock market. Nvidia's board opened an investigation into chief executive Jensen Huang after reports that he was the target of a foreign intelligence effort, and in an internal memo Huang admitted being unfaithful to his wife. Nvidia says he remains CEO. With US stock markets closed, crypto venues set the first price: Nvidia perpetual futures on Hyperliquid were down 3.8% over 24 hours at $180.50 by 10:10pm Eastern on Sunday, The Block reported.
Bitcoin traded near $74,800 on Monday morning, per CoinDesk data. Tuesday brings October consumer prices, with economists expecting a 0.2% monthly rise after September's 0.6%.
This story is reporting and analysis. It is not financial, legal or tax advice.
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- MarketsBitcoin slips below its 50-week average for the first time since September as the Nasdaq rebounds nearly 3% and about $1.15 billion is liquidated
- Prediction marketsPolymarket investigates six-figure Senate bets placed before Times/Siena polls, but onchain data casts doubt on an insider leak
- MarketsBitcoin sinks to about $73,800, its lowest since August, as more than $1 billion in leveraged bets are wiped out with ether taking the biggest share