"Spot bitcoin ETFs recorded net outflows of $233.25 million, with selling pressure concentrated in some of the largest funds in the market. Fidelity's FBTC and Ark & 21Shares' ARKB led the declines, posting exits of $86.13 million and $85.07 million, respectively. The past four trading days have seen bitcoin ETFs tilt more toward outflows. Blackrock's IBIT, often viewed as the sector's institutional anchor, saw $32.95 million leave the fund. Additional outflows came from Grayscale's GBTC and Bitwise's BITB, which lost $17.59 million and $17.54 million."
"Morgan Stanley's MSBT stood alone as the only fund to attract inflows, adding $6.02 million during the session. Despite the broad pullback, trading activity remained elevated. Bitcoin ETFs generated $1.68 billion in total value traded, while total net assets across the category settled at $107.31 billion. Ether ETFs faced even steeper pressure. The group recorded a second consecutive day of outflows, losing $130.62 million overall."
"Blackrock's ETHA accounted for the majority of the decline with a substantial $102.04 million exit, marking one of the fund's larger single-day withdrawals in recent weeks. Fidelity's FETH added to the weakness with $36.98 million in outflows, while Vaneck's ETHV shed another $3.34 million. Blackrock's ETHB once again acted as a relative bright spot, bringing in $11.75 million and partially offsetting the broader selling trend."
"XRP gained $5.31M and solana $19.07M as investors rotated into altcoin ETFs. The market's appetite for crypto exposure weakened noticeably as bitcoin exchange-traded funds (ETFs) slipped back into outflows after a brief return to positive territory at the start of the week. Ether funds followed the same direction, with redemptions accelerating across several major products."
Spot bitcoin ETFs recorded net outflows of $233.25 million, with selling pressure concentrated in major funds. Fidelity’s FBTC and Ark & 21Shares’ ARKB led the declines, posting exits of $86.13 million and $85.07 million. Blackrock’s IBIT saw $32.95 million leave, while Grayscale’s GBTC and Bitwise’s BITB lost $17.59 million and $17.54 million. Morgan Stanley’s MSBT was the only fund to attract inflows, adding $6.02 million. Ether ETFs recorded $130.62 million in outflows, with Blackrock’s ETHA accounting for $102.04 million. Fidelity’s FETH added $36.98 million in outflows, while Blackrock’s ETHB brought in $11.75 million. Altcoin ETFs saw rotation, with XRP gaining $5.31 million and solana gaining $19.07 million.
Read at news.bitcoin.com
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