Key Takeaways:
Bitcoin ETFs lost $1.26B, led by Blackrock IBIT’s massive $1B outflow.Ether ETFs shed $216M, while XRP and solana gained $22M and $15.6M, respectively.HYPE ETFs drew $72.4M as investors rotated into alternative crypto growth narratives.Fidelity’s FBTC followed with $111.5 million in outflows, while Ark & 21Shares’ ARKB shed another $106.8 million. Additional withdrawals came from Bitwise’s BITB, Vaneck’s HODL, Franklin’s EZBC, Valkyrie’s BRRR, and Invesco’s BTCO.
The scale of the withdrawals reflected a broad institutional de-risking trend rather than isolated fund-specific weakness. Trading activity remained elevated throughout the week at $9.27 billion, indicating that investors were actively repositioning rather than abandoning the market altogether.
Spot ether ETFs also endured sustained pressure, recording $216 million in net outflows. The category extended a prolonged losing streak as institutional investors continued pulling back exposure from ethereum-linked products.
Blackrock’s ETHA consistently led the declines during the week, while Fidelity’s FETH and Grayscale’s ether products also recorded notable withdrawals. Blackrock’s ETHB occasionally attracted inflows and acted as a limited stabilizer, but it was not enough to reverse the broader trend.
