Bitcoin ETFs posted a fifth straight day of outflows, losing $127 million, led again by a major exit from Blackrock’s IBIT. Ether ETFs weren’t spared either, with $11.19 million exiting the space, pushing total net assets further below the $6 billion threshold.
Bitcoin ETFs Extend Outflow Streak to Five Days With $127 Million Exit
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Outflows Persist With Significant Withdrawals on Bitcoin ETFs and Further Dips for Ether ETFs
The red tide isn’t letting up on crypto exchange-traded funds (ETFs). Bitcoin ETFs recorded their 5th consecutive day of outflows, bleeding $127 million, as concerns over macro volatility continue to weigh on the market.
Blackrock’s IBIT once again shouldered the bulk of the retreat, seeing $89.71 million walk out the door. Grayscale’s GBTC followed with $33.80 million in outflows, while Wisdomtree’s BTCW and Vaneck’s HODL lost $5.67 million and $4.65 million, respectively.
However, it wasn’t entirely one-sided. Bitwise’s BITB posted a $6.71 million inflow, the first glimmer of green for any bitcoin ETF this week. Trading activity also bounced back, with total value traded hitting $5.3 billion, a sharp rise from Tuesday’s $3 billion. Encouragingly, net assets recovered to $91.79 billion, climbing above the $90 billion threshold.
In the ether ETF arena, the funds’ exit continued. Outflows totaled $11.19 million, led by Fidelity’s FETH ($5.73M) and Blackrock’s ETHA ($5.45M). The rest of the funds remained stagnant, showing no net movements.
Trading activity in ether ETFs was relatively strong at $823.68 million, but total net assets slid to $5.56 billion, well below the symbolic $6 billion mark.
As the week approaches its close, the persistence of these outflows signals a jittery market still grappling with inflation expectations, rate policy, and broader risk sentiment. However, the 90-day pause on tariffs by President Donald Trump could spark life back into the markets.
