Categories: Bitcoin

Bitcoin ETFs Cap Week With $225 Million Outflow as Ether Hits 8-Day Slide – Markets and Prices Bitcoin News


Bitcoin, Ether ETFs Deepen Losses as Weekly Selling Peaks

The week did not end quietly. Instead, it closed with conviction, and not the kind bulls would have hoped for.

Bitcoin ETFs recorded a steep $225.48 million in net outflows, marking one of the largest single-day withdrawals of the week. The selling was concentrated, but decisive. Blackrock’s IBIT accounted for the overwhelming majority, shedding $201.53 million alone. Bitwise’s BITB followed with $18.60 million in outflows, while Ark & 21Shares’ ARKB posted a smaller $5.35 million exit.

There were no inflows to soften the blow. Trading activity remained robust at $3.39 billion, yet net assets fell sharply to $84.77 billion, underscoring the weight of sustained redemptions.

Ether ETFs extended their losing streak to eight consecutive days, with total outflows reaching $48.54 million. Once again, Blackrock’s ETHA led the decline, posting a $70.80 million withdrawal. Fidelity’s FETH followed with $8.92 million in outflows, while Grayscale’s Ether Mini Trust lost $8.68 million.

Still, one fund continued to defy the trend. Blackrock’s ETHB attracted $39.86 million in inflows, reinforcing its growing appeal among investors. Its staking component appears to be drawing attention, even as broader sentiment around ether remains weak. Trading volume stood at $1.16 billion, with net assets closing at $11.52 billion.

Elsewhere, the picture was quieter but no less telling. XRP ETFs saw no trading activity, with net assets slipping to $933.33 million. Solana ETFs faced heavier pressure, recording a $7.84 million outflow entirely from Bitwise’s BSOL. Trading volume reached $45.21 million, while net assets declined to $809.62 million.

The pattern is hard to ignore. Capital is leaving the space at a steady pace, particularly from flagship bitcoin and ether products. Even isolated inflows are no longer enough to change the broader direction.

In summary, Friday capped a difficult stretch for crypto ETFs. Bitcoin led with a sharp outflow, ether extended its losing streak despite selective interest, solana weakened further, and XRP remained sidelined. The market closes the week on uncertain footing, with sentiment clearly under strain.

FAQ 📊

  • Why did Bitcoin ETFs see such a large outflow on Friday?
    The sharp outflow was largely driven by a significant withdrawal from Blackrock’s IBIT, reflecting continued institutional selling pressure.
  • What is causing Ether ETFs’ extended outflow streak?
    Ether ETFs are experiencing persistent redemptions, mainly from Blackrock’s ETHA, indicating weaker investor confidence than bitcoin’s.
  • Why is Blackrock’s ETHB still attracting inflows?
    ETHB’s staking feature is likely appealing to investors seeking yield, making it stand out even during broader market outflows.
  • What does continued inactivity in XRP ETFs suggest?
    It indicates limited investor engagement and a wait-and-see approach, with capital focusing elsewhere in the crypto ETF market.



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Joseph Rees

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