
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 📊
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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.
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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.
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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.
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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.