Bitcoin ETFs saw outflows for the fifth consecutive day, losing $127 million, again led by a large exit from BlackRock’s IBIT. Ethereum ETFs were also not spared, with an outflow of $11.19 million, pushing total net assets further below the $6 billion threshold.
Outflows continue with significant withdrawals from Bitcoin ETFs and further declines from Ethereum ETFs
The red wave shows no signs of abating for crypto ETFs. Bitcoin ETFs recorded their fifth consecutive day of outflows, losing $127 million, as concerns about macroeconomic volatility continue to weigh on the market.
BlackRock‘s IBIT once again accounted for the bulk of the decline, with $89.71 million withdrawing. Grayscale’s GBTC followed with outflows of $33.80 million, while Wisdomtree’s BTCW and Vaneck’s HODL lost $5.67 million and $4.65 million, respectively.
It wasn’t entirely one-sided, however. Bitwise‘s BITB saw an inflow of $6.71 million, the first green sign for a Bitcoin ETF this week. Trading activity also rebounded, with a total value of $5.3 billion, a sharp increase from Tuesday’s $3 billion. Encouragingly, net assets recovered to $91.79 billion, rising above the $90 billion threshold.
In the Ethereum ETF space, funds continued their outflows. Outflows totaled $11.19 million, led by Fidelity’s FETH ($5.73 million) and Blackrock’s ETHA ($5.45 million). The rest of the funds remained unchanged, with no net changes.
Trading activity in Ethereum ETFs was relatively strong at $823.68 million, but total net assets fell to $5.56 billion, well below the symbolic $6 billion mark.
As the week draws to a close, the continued outflows signal a nervous market still grappling with inflation expectations, interest rate policy, and broader risk sentiment. However, President Donald Trump‘s 90-day pause on tariffs could bring the markets back to life.
[newsletter_form lists="1"]
