Key Takeaways
Bitcoin ETFs lost $125.3M, extending a 10-day outflow streak led by Blackrock IBIT.Ether ETFs saw a 14th straight outflow day as ETHA withdrawals outweighed inflows.XRP, HYPE, and Solana ETFs attracted fresh capital, showing selective risk appetite.
Bitcoin and Ether ETFs Lose $143M as XRP and HYPE Funds Gain Ground
The week ended with a familiar split in the crypto ETF market.
Investors continued to reduce exposure to bitcoin and ether funds, but they did not abandon the space entirely. Instead, capital moved with more care. The largest products remained under pressure, while altcoin ETFs found steady demand.
Bitcoin ETFs recorded $125.31 million in net outflows, marking the category’s 10th consecutive day in negative territory. The selling was spread across six funds. Blackrock’s IBIT once again led the withdrawals, with $68.20 million leaving the fund. Fidelity’s FBTC followed with a $31.95 million exit. Grayscale’s Bitcoin Mini Trust shed $9.74 million, while Ark & 21Shares’ ARKB lost $7.30 million.
Morgan Stanley’s MSBT posted $5.26 million in outflows, and Grayscale’s GBTC saw $2.85 million depart. Total bitcoin ETF value traded reached $2.21 billion, while total net assets closed at $94.17 billion.
Ether ETFs also remained in the red, though the picture was more balanced than in prior sessions. The group saw $17.91 million in net outflows, extending its losing streak to 14 straight trading days.
Several ether funds attracted new money. Fidelity’s FETH added $10.53 million, Blackrock’s ETHB brought in $9.32 million, 21Shares’ TETH gained $1.51 million, and Bitwise’s ETHW added $1.44 million.
A single larger move erased those inflows. Blackrock’s ETHA recorded a $40.72 million outflow, leaving the category negative for the day. Total ether ETF value traded was $589.04 million, and net assets closed at $11.27 billion.
Altcoin ETFs offered the clearest support.
XRP ETFs added $11.88 million, led by Bitwise’s XRP product with $7.36 million. Canary’s XRPC drew $2.38 million, while Franklin’s XRPZ brought in $2.14 million. Total value traded was $13.21 million, and net assets closed at $1.12 billion.
HYPE ETFs posted $9.50 million in inflows, all through 21Shares’ THYP. Total value traded reached $83.37 million, while net assets rose to $136.56 million.
Solana ETFs added $1.32 million, split between Fidelity’s FSOL at $1.21 million and Bitwise’s BSOL at $110,830. Total value traded was $32.62 million, and net assets ended at $943.57 million.
Friday’s flows showed a market still cutting exposure to the largest crypto ETFs, with bitcoin and ether funds losing a combined $143.22 million. Yet inflows into XRP, HYPE, and Solana products helped soften the week’s close, suggesting investors remain selective rather than absent.
