Key Takeaways:
Bitcoin ETFs lost $1B, ending a 6-week inflow streak led by ARKB and IBIT exits.Ether ETFs shed $255M, while XRP and solana gained $60.5M and $58.12M, respectively. XRP and solana demand rose as investors favored crypto assets tied to regulation and utility.Ark & 21Shares’ ARKB led all outflows with $324.2 million leaving the fund. Blackrock’s IBIT followed closely, with $317.1 million in net outflows, a notable shift for a product that has often served as the market’s strongest inflow engine. Fidelity’s FBTC lost another $259 million, while Grayscale’s GBTC posted $92.8 million in outflows.
Additional weakness came from Bitwise’s BITB and Franklin’s EZBC, which shed $46.8 million and $21 million, respectively.
Despite the heavy withdrawals, trading activity remained elevated throughout the week, signaling that institutional participation has not faded even as sentiment turns more defensive.
Ether ETFs faced a similarly difficult environment. Spot ether funds recorded a weekly net outflow of $255.11 million, extending a broader period of caution around the asset class.
Blackrock’s ETHA and Fidelity’s FETH consistently led the declines during the week, with several sessions marked by sizable institutional exits. Blackrock’s ETHB occasionally attracted inflows and acted as a partial stabilizer, but the support was not enough to reverse the broader negative trend.
