Українська
Русский
English
Bitcoin maintains weekly inflows while Ether and altcoin ETFs lose ground
Despite sharp volatility, Bitcoin ETFs posted modest weekly gains, while Ether ETFs continued to record outflows. Solana and XRP also declined during the shortened trading week.
Key takeaways:
- BlackRock IBIT contributed to $22.34 million in Bitcoin ETF inflows, although volatility signals weak investor confidence.
- Ether ETFs saw $42.15 million in outflows, primarily driven by BlackRock’s ETHA, reflecting selective demand and cautious sentiment.
- Solana and XRP ETFs lost $5.2 million and $3.56 million respectively, as Bitwise and Grayscale faced declining investor interest.
Crypto ETFs show mixed performance
Shortened trading weeks often amplify signals, and this week showed the market is still searching for balance. Over four trading days, ETFs fluctuated between inflows and outflows without consistency, resulting in a fragmented picture with shifting leadership and weak conviction.
Spot Bitcoin ETFs recorded net inflows of $22.34 million. It was a modest gain achieved with difficulty. Early strength came from ARKB (Ark & 21Shares) and FBTC (Fidelity), while IBIT from BlackRock reinforced institutional demand.
However, momentum faded midweek as strong sell-offs emerged. IBIT and FBTC turned to outflows, joined by Grayscale’s GBTC and Bitwise’s BITB. Smaller funds such as Grayscale’s Bitcoin Mini Trust and VanEck’s HODL provided partial support. Bitcoin ended the week positive, but without strong conviction.
Bitcoin returned to modest weekly inflows.
Ether ETFs showed a more consistent trend. The group recorded $42.15 million in net outflows, continuing steady selling pressure. BlackRock’s ETHA remained the main driver, with repeated redemptions. Fidelity’s FETH and Grayscale’s ETHE added to the decline.
Still, pockets of resilience appeared. BlackRock’s ETHB attracted steady inflows due to staking appeal. Grayscale’s Ether Mini Trust, Bitwise’s ETHW, and 21Shares’ TETH saw selective buying, indicating investors are not exiting Ether entirely but are becoming more selective.
Solana ETFs recorded $5.2 million in net outflows, largely due to weakness in Bitwise’s BSOL. Temporary inflows into Fidelity’s FSOL were not enough to reverse the trend.
XRP ETFs also declined, posting $3.56 million in net outflows. Activity remained muted, with Grayscale’s GXRP and others showing intermittent redemptions and limited inflow support.
The overall takeaway is subtle but important: capital continues to move but is becoming more concentrated. Investors are choosing fewer products, reacting faster, and allocating less capital. The holiday-shortened week produced mixed results — Bitcoin gained, Ether declined, and Solana and XRP fell. The market remains active, but confidence is still forming.
See also: "Bitcoin today: rises above $69K amid possible Iran ceasefire"
