Bitcoin ETFs Break 10-Day Flow Streak With $359 Million Net Outflows – Ethereum ETFs Still Growing Steadily
After a 10-day run of strong growth, Bitcoin exchange-traded funds (ETFs) officially recorded their first day of net outflows, with a total of $358.65 million withdrawn from the market. The move marks a significant adjustment in institutional investor sentiment, even as Ethereum ETFs continue to attract steady inflows.
Fidelity and Grayscale Lead the Exit Wave
According to data from Sosovalue, Fidelity’s FBTC recorded the largest net outflow of $166.32 million, followed by Grayscale’s GBTC with $107.53 million and Ark 21Shares’ ARKB with $89.22 million.
Other funds were not spared from the red either:
BITB (Bitwise): -$70.85 million
BTCO (Invesco): -$20.05 million
HODL (VanEck): -$11.98 million
BRRR (Valkyrie): -$11.67 million
EZBC (Franklin Templeton): -$6.13 million
Amid widespread outflows, BlackRock’s IBIT was the only bright spot, attracting $125.09 million in inflows, highlighting the divergence in investor allocation strategies among major asset managers.
The total daily trading volume of Bitcoin ETFs remained an impressive $5.39 billion, with total net assets down slightly to $128.13 billion.
Ethereum ETFs See 9th Day of Positive Flows – $92 Million Inflows
In contrast to the Bitcoin ETF correction, Ether ETFs continued to maintain their momentum for the 9th consecutive day, with a total of $91.93 million inflows.
The leading funds include:
ETHA (BlackRock): +$50.45 million
FETH (Fidelity): +$38.31 million
ETHW (Bitwise): +$4.55 million
Ether Mini Trust (Grayscale): +$3.24 million
Grayscale’s ETHE, although recording a slight outflow of -$4.62 million, was not enough to negate the overall positive trend of this product group.
Total Ether ETF trading volume reached $552.39 million, while total net assets increased to $9.63 billion, indicating steady demand from institutional investors for ETH amid market volatility.
Overview: Investor Sentiment Shifts, but Interest in Crypto ETFs Remains Steady
Withdrawals from Bitcoin ETFs after a series of strong days indicate a short-term correction in investor sentiment, possibly due to profit-taking or short-term macro market concerns. However, the continued growth of Ethereum ETFs suggests that confidence in key digital assets remains intact, especially in products structured for long-term and institutional investors.