Key Takeaways:
Bitcoin ETFs lost $635.23M as Blackrock’s IBIT saw a $284.69M outflow on Wednesday.Ether ETFs lost another $36.30M as its 3-day slide continued, led by Blackrock ETHA withdrawals. Solana ETFs gained $5.97M via Grayscale GSOL as XRP funds stayed flat at $1.14B.Blackrock’s IBIT led the retreat with a substantial $284.69 million exit, reinforcing the shift in institutional positioning after weeks of relatively resilient demand. Ark & 21Shares’ ARKB followed with $177.10 million in outflows, while Fidelity’s FBTC lost another $133.22 million.
Blackrock’s ETHA accounted for the largest share of the withdrawals with $21.10 million in exits, while Fidelity’s FETH saw another $14.04 million leave the fund. Blackrock’s ETHB, which had previously acted as a steady inflow channel, slipped modestly into negative territory with a $1.16 million outflow.
