Weekly Channel Summary
The Cryptocurrency ETF channel, encompassing 89 funds from 25 issuers, closed the week with $94.88 billion in assets under management. Investors added a net $789 million to the space over the past five days, a positive turn for the channel. This recent inflow contrasts sharply with the year-to-date figure, which shows net outflows of $4.65 billion. Over the past year, however, the channel has accumulated $5.69 billion in net new assets.
This Week’s Performance Leaders and Laggards
Cryptocurrency categories saw mixed results this week, with Bitcoin-focused ETFs leading the way with a 3.26% gain. Multicoin and Ethereum funds also posted positive returns, rising 2.84% and 2.83% respectively. In contrast, the Altcoin category was the sole decliner, falling by 0.60% for the week. Despite the recent gains, all categories remain deeply in the red year-to-date, with Altcoins showing the largest loss at -41.37%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | 3.26% | 1.78% | -19.00% | -7.37% | -25.94% | -45.01% |
| Multicoin | 2.84% | 1.61% | -18.97% | -9.38% | -29.13% | -45.02% |
| Ethereum | 2.83% | 7.17% | -16.36% | -6.62% | -35.42% | -50.57% |
| Altcoin | -0.60% | -9.47% | -21.63% | -21.37% | -41.37% | -65.70% |
Top & Bottom 5 ETFs by Weekly Performance
Individual fund performance varied widely, highlighting the volatility within different digital assets. The Volatility Shares Cardano ETF (CRDD) was the standout performer, surging 17.78% for the week. Other top performers included funds focused on Polkadot and Hyperliquid. At the other end of the spectrum, the 21Shares Canton Network ETF (TCAN) experienced the steepest decline, dropping 21.75%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CRDD | Volatility Shares Cardano ETF | 17.78% |
| TDOT | 21shares Polkadot ETF Shares of Beneficial Interest | 6.88% |
| HYPG | Grayscale Hyperliquid Staking ETF | 4.61% |
| THYP | 21Shares Hyperliquid ETF | 4.60% |
| BHYP | Bitwise Hyperliquid ETF Common Shares of Beneficial Interest | 4.32% |
| Bottom Performers | ||
| TCAN | 21Shares Canton Network ETF | -21.75% |
| STLR | Volatility Shares Stellar ETF | -5.35% |
| TOXR | 21Shares XRP ETF Beneficial INT SH | -3.98% |
| XRPI | Volatility Shares Trust XRP ETF | -3.95% |
| XRPZ | Franklin XRP ETF | -3.73% |
Analyzing the Weekly Flows
Investors poured a net $789 million into Cryptocurrency ETFs this week, with all categories seeing positive flows. Bitcoin ETFs were the primary destination for new capital, attracting $518 million in net inflows. Ethereum-focused funds also saw significant interest, gathering $204 million. Multicoin and Altcoin strategies rounded out the positive week with smaller net inflows of $56 million and $10 million, respectively.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Bitcoin | 22 | $80.64B | $518M | $741M | -$7,804M | -$4,901M | -$815M |
| Ethereum | 13 | $10.64B | $204M | $494M | -$784M | -$981M | $2,331M |
| Multicoin | 13 | $880M | $56M | $75M | $163M | $35M | -$57M |
| Altcoin | 41 | $2.72B | $10M | $9M | $607M | $1,197M | $4,228M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows at the fund level were concentrated, with the iShares Bitcoin Trust ETF (IBIT) single-handedly capturing $484 million in new assets. Its sister fund, the iShares Ethereum Trust ETF (ETHA), also saw strong demand, pulling in $165 million. On the redemption side, the Grayscale Bitcoin Trust ETF (GBTC) led outflows with $45 million leaving the fund. The VanEck Bitcoin ETF (HODL) followed closely, shedding $43 million over the same period.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBIT | iShares Bitcoin Trust ETF | $484M |
| ETHA | iShares Ethereum Trust ETF | $165M |
| NCIQ | Hashdex Nasdaq CME Crypto Index ETF | $60M |
| BITO | ProShares Bitcoin ETF | $33M |
| ARKB | ARK 21Shares Bitcoin ETF | $31M |
| Outflows | ||
| GBTC | Grayscale Bitcoin Trust ETF | -$45M |
| HODL | VanEck Bitcoin ETF | -$43M |
| BRRR | Coinshares Bitcoin ETF | -$9M |
| ETHE | Grayscale Ethereum Staking ETF | -$5M |
| KRYP | ProShares CoinDesk 20 Crypto ETF | -$3M |
Issuer League Table Update
iShares continues to dominate the Cryptocurrency ETF landscape, commanding a 57.45% market share, followed by Grayscale at 16.71%. The firm further solidified its lead this week by attracting $677 million in net inflows, the most of any issuer. In contrast, VanEck experienced the largest net redemptions, with investors pulling $43 million from its funds. Grayscale also saw net outflows for the week, totaling $41 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 3 | $54.51B | 57.45% |
| Grayscale | 11 | $15.86B | 16.71% |
| Fidelity | 3 | $12.06B | 12.71% |
| Bitwise | 11 | $4.27B | 4.50% |
| 21Shares | 12 | $2.44B | 2.58% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $677M |
| Hashdex | $57M |
| 21Shares | $32M |
| Outflows | |
| VanEck | -$43M |
| Grayscale | -$41M |
| CoinShares | -$9M |
For a deeper dive into these trends, access our FREE, in-depth Cryptocurrency ETF reports in the right side panel of this page.
Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
