Crypto exchange-traded funds (ETFs) lost momentum as bitcoin and ether reversed into heavy outflows. XRP funds were flat, while solana ETFs managed a modest inflow in an otherwise cautious session.
Bitcoin ETFs Snap Inflow Streak With $276 Million Exit
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Crypto ETFs Turn Red as Bitcoin, Ether Slide Back to Outflows
Momentum in crypto exchange-traded funds (ETFs) proved short-lived as midweek trading brought a decisive shift in sentiment. After three consecutive days of inflows, bitcoin funds flipped back into the red, and they did so sharply.
Bitcoin spot ETFs recorded $276.30 million in net outflows, with losses spread across six major funds. Fidelity’s FBTC led the exits at $92.60 million, followed closely by Blackrock’s IBIT with $73.41 million and Ark & 21shares’ ARKB with $70.51 million.
Additional pressure came from Bitwise’s BITB, which shed $21.98 million, Grayscale’s GBTC with $17.91 million in outflows, and Vaneck’s HODL, which lost $6.67 million. A modest $6.78 million inflow into Wisdomtree’s BTCW offered little relief. Trading volume reached $3.80 billion, while total assets declined to $85.76 billion.
Ether ETFs mirrored the downturn, logging $129.18 million in net outflows. Fidelity’s FETH accounted for the largest share at $67.09 million, while Blackrock’s ETHA saw $29.44 million exit. Bitwise’s ETHW lost $16.74 million, Grayscale’s ETHE dropped $11.47 million, and Grayscale’s Ether Mini Trust recorded $4.43 million in outflows. Total trading volume stood at $1.14 billion, and net assets closed at $11.27 billion.
XRP ETFs were notably quiet, recording no inflows or outflows during the session. It was a rare pause in activity for the segment. Solana ETFs, however, managed a small bright spot. Invesco’s QSOL brought in $478,900, accounting for the entire $478.90K net inflow. Trading volume reached $34.24 million, and total net assets ended at $673.99 million.
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Crypto exchange-traded funds (ETFs) delivered a rare all-green performance as bitcoin extended its inflow streak to three days. Ether, XRP,…
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The day ultimately reflected cooling appetite across major crypto ETFs. Bitcoin and ether absorbed significant redemptions, XRP remained flat, and solana’s modest inflow stood as the lone positive note in a broadly defensive trading session.
FAQ 📉
- Why did bitcoin ETFs return to outflows?
Bitcoin ETFs saw $276.30 million in redemptions as investors locked in gains after a three-day inflow streak. - How much did ether ETFs lose today?
Ether spot ETFs recorded $129.18 million in net outflows led by Fidelity’s FETH and Blackrock’s ETHA. - Did XRP ETFs see any movement?
XRP ETFs recorded no inflows or outflows, reflecting a neutral trading session. - Which crypto ETF category performed best?
Solana ETFs were the only segment in positive territory with a $478.90K inflow.
