Ethereum’s slide extended into a seventh straight session, weighing on related ETFs as Bitcoin ETFs logged another round of net withdrawals—about $171 million in total. The breadth of selling remained broad and persistent, with seven funds reporting redemptions and illustrating the depth of the move.
BlackRock’s IBIT led losses with a $41.92 million outflow, followed by Bitwise’s BITB at $33.10 million and Fidelity’s FBTC at $32.81 million. ARKB from ARK Invest shed $30.45 million, while Grayscale’s GBTC posted a $25.06 million loss.
Bitcoin ETF flows have been mixed this week, with Grayscale’s Bitcoin Miners Trust and VanEck’s HODL among smaller outflows that nonetheless draw attention due to their size. Ethereum ETFs registered a $140.24 million net outflow, driven largely by BlackRock’s ETHA, which accounted for most of the losses.
Additional outflows came from Fidelity’s FETH ($2.40 million), Grayscale’s ETHE and the Ethereum Min Trust, and Bitwise’s ETHW. Offsetting this, BlackRock’s ETHB drew $96.81 million in, partially countering the broader downtrend; trading volume totaled about $878.53 million and assets under management finished near $11.7 billion.
Elsewhere, XRP ETFs recorded no trading activity and held about $949.15 million in assets, while Solana ETFs, aided by Fidelity FSOL and VanEck VSOL, saw a modest $1.04 million outflow with volume around $23.96 million and $849.65 million in AUM.
Bitcoin ETFs shed about $75 million as altcoin ETFs attracted inflows, underscoring a broader tilt toward smaller assets as traders remained cautious. Tuesday’s market action showed ongoing risk-off sentiment in BTC and ETH ETFs, with Solana and XRP ETFs treading water or posting minor gains in select sessions.
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