Momentum told two different stories this week. Strength early on gave way to hesitation, yet not enough to undo the broader trend forming beneath the surface.
Underneath, the flows were uneven. Blackrock’s IBIT and Fidelity’s FBTC, often leaders during inflow periods, became the primary drivers of outflows in the latter half of the week. Bitwise’s BITB, Ark & 21shares’ ARKB, and Grayscale’s GBTC also posted notable redemptions.
Fidelity’s FETH, Grayscale’s ETHE, and its Mini Trust, Vaneck’s ETHV, Bitwise’s ETHW, 21Shares’ TETH, and Invesco’s QETH all contributed to the negative flow. Only Blackrock’s ETHB stood out, consistently attracting inflows and offering a rare point of stability.
FAQ Why did Bitcoin ETFs still post weekly inflows despite late outflows?Bitcoin ETFs benefited from strong inflows earlier in the week, which were enough to offset the heavy outflows seen on Wednesday and Thursday. Which Ether ETF contributed most to weekly outflows? Blackrock’s ETHA was the largest contributor to ether ETF outflows, including a significant single-day withdrawal exceeding $100 million. What explains Solana ETFs’ positive weekly performance?Solana ETFs saw steady, smaller inflows throughout the week, indicating gradual but consistent investor interest rather than large institutional moves. Is the divergence between Bitcoin and Ether ETFs significant? Yes, it highlights a shift in investor preference, with bitcoin maintaining stronger institutional confidence while ether faces ongoing selling pressure.
