Crypto ETFs Struggle Again: Bitcoin Loses $90 Million, Ether $136 Million

Crypto ETFs remained under pressure on Thursday, with bitcoin and ether posting another round of outflows. Solana offered a rare bright spot, while XRP activity stayed flat.

Solana Bucks Trend as Bitcoin, Ether ETFs See Fresh Outflows

The mood around crypto ETFs remains cautious. Another day, another round of outflows, and this time the selling came with little resistance.

Bitcoin ETFs recorded a net outflow of $90.19 million, marking a second straight day of withdrawals. The picture, however, was not entirely one-sided. A handful of funds attracted fresh capital. Grayscale’s Bitcoin Mini Trust led inflows with $4.66 million, followed by Franklin’s EZBC at $4.06 million and Valkyrie’s BRRR with $3.17 million.

Those gains were quickly overwhelmed. Blackrock’s IBIT posted the largest outflow at $38.25 million, while Fidelity’s FBTC lost $26.02 million. Bitwise’s BITB saw $17.18 million exit, with Ark & 21Shares’ ARKB shedding $15.16 million. Grayscale’s GBTC added another $5.47 million in outflows. Trading activity remained strong at $3.21 billion, while net assets slipped to $90.83 billion.

Ether ETFs faced even heavier pressure. Total outflows reached $136.41 million, led by a sharp $102.31 million withdrawal from Blackrock’s ETHA. Fidelity’s FETH followed with $11.76 million in exits, while Grayscale’s Ether Mini Trust lost $8.52 million. Additional outflows were recorded across Vaneck’s ETHV, Bitwise’s ETHW, 21Shares’ TETH, and Invesco’s QETH.

One fund stood apart. Blackrock’s ETHB continued to attract capital, posting a $7.72 million inflow and extending its recent streak of resilience. Trading volume for Ether ETFs came in at $1.03 billion, with net assets closing at $12.46 billion.

Beyond the two largest assets, activity was limited. XRP ETFs saw no trading action, with assets steady at $1.21 billion. Solana ETFs, however, managed a modest inflow of $767,010, driven entirely by Franklin’s SOEZ. Trading volume reached $27.81 million, while net assets stood at $876.13 million.

In sum, Thursday reinforced the cautious tone in crypto ETF markets. Bitcoin and ether extended their outflow streaks, though selective inflows suggest investors are not fully stepping away. Solana provided a small counterpoint, while XRP remained quiet, reflecting a market still searching for direction.

FAQ❓

• Why are Bitcoin ETFs seeing continued outflows this week?

Bitcoin ETF outflows reflect a mix of profit-taking and short-term caution, as investors reduce exposure after recent gains and wait for clearer market signals.

• Which funds contributed most to Bitcoin ETF outflows?

Blackrock’s IBIT and Fidelity’s FBTC led the outflows, combining for over $64 million in withdrawals during the trading day.

• Why did Ether ETFs experience larger outflows than Bitcoin ETFs?

Ether ETFs faced heavier selling due to a major withdrawal from Blackrock’s ETHA, which alone accounted for over $100 million in outflows.

• What stands out about Solana and XRP ETF activity?

Solana ETFs recorded a modest inflow driven by a single fund, while XRP ETFs saw no trading activity, indicating low investor engagement.