Weekly Channel Summary
The Cryptocurrency channel, comprising 86 ETFs from 24 issuers, currently holds $94.52 billion in total assets. This week, the segment saw a net inflow of $636 million, providing a positive counterpoint to a challenging year. Despite the weekly gain, year-to-date flows remain negative at -$5.35 billion, though the one-year figure shows a net positive collection of $4.93 billion.
This Week’s Performance Leaders and Laggards
Cryptocurrency categories delivered mixed but mostly flat performance over the past week. Ethereum-focused funds led the way with a modest 0.98% gain, while the Altcoin category was the primary laggard, declining by -1.08%. The largest category, Bitcoin, ended the week nearly unchanged with a 0.01% return. On a year-to-date basis, all categories remain in negative territory, with losses ranging from 26.8% for Bitcoin to 39.6% for Altcoins.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Ethereum | 0.98% | 17.78% | -19.80% | -36.66% | -37.33% | -50.44% |
| Multicoin | 0.25% | 8.49% | -17.92% | -31.22% | -29.80% | -46.71% |
| Bitcoin | 0.01% | 7.26% | -17.45% | -28.37% | -26.84% | -46.36% |
| Altcoin | -1.08% | 5.76% | -19.82% | -41.59% | -39.59% | -67.20% |
Top & Bottom 5 ETFs by Weekly Performance
Individual fund performance showed significant divergence, contrasting with the muted returns at the category level. The Canary HBAR ETF (HBR) was the standout top performer, surging 7.94% for the week. On the other end of the spectrum, the 21Shares Canton Network ETF (TCAN) posted the steepest decline, falling -7.90%. The Canary Litecoin ETF (LTCC) also had a strong showing, gaining 2.38%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| HBR | Canary HBAR ETF | 7.94% |
| LTCC | Canary Litecoin ETF | 2.38% |
| CLNK | Bitwise Chainlink ETF Beneficial Interest | 1.17% |
| ETH | Grayscale Ethereum Staking Mini ETF | 1.14% |
| GLNK | Grayscale Chainlink Trust ETF | 1.09% |
| Bottom Performers | ||
| TCAN | 21Shares Canton Network ETF | -7.90% |
| STLR | Volatility Shares Stellar ETF | -5.56% |
| TDOT | 21shares Polkadot ETF Shares of Beneficial Interest | -5.42% |
| GAVA | Grayscale Avalanche Staking ETF | -5.19% |
| BAVA | Bitwise Avalanche ETF | -5.12% |
Analyzing the Weekly Flows
Investors allocated a net $636 million to Cryptocurrency ETFs this week, with inflows heavily concentrated in the two largest categories. Bitcoin products attracted the most capital, pulling in $409 million. Ethereum funds also saw significant interest, gathering $212 million in new assets. The Altcoin and Multicoin categories recorded much smaller positive flows, adding $11 million and $3 million, respectively.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Bitcoin | 21 | $80.57B | $409M | -$1,665M | -$7,061M | -$5,386M | -$1,863M |
| Ethereum | 12 | $10.39B | $212M | $222M | -$826M | -$1,134M | $2,669M |
| Altcoin | 40 | $2.67B | $11M | $193M | $688M | $1,192M | $4,233M |
| Multicoin | 13 | $884M | $3M | $23M | $109M | -$22M | -$113M |
Top & Bottom 5 ETFs by 5-Day Flow
Two iShares products were the primary drivers of this week’s inflows, capturing the top two spots for fund flows. The iShares Bitcoin Trust ETF (IBIT) led all funds with a $253 million intake, followed closely by the iShares Ethereum Trust ETF (ETHA), which collected $181 million. Meanwhile, the Grayscale Bitcoin Trust ETF (GBTC) continued its trend of outflows, shedding -$84 million. The Franklin Bitcoin ETF (EZBC) saw the second-largest redemption at -$6 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBIT | iShares Bitcoin Trust ETF | $253M |
| ETHA | iShares Ethereum Trust ETF | $181M |
| BTC | Grayscale Bitcoin Mini Trust ETF | $86M |
| ARKB | ARK 21Shares Bitcoin ETF | $78M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $59M |
| Outflows | ||
| GBTC | Grayscale Bitcoin Trust ETF | -$84M |
| EZBC | Franklin Bitcoin ETF | -$6M |
| BTCW | WisdomTree Bitcoin Fund | -$5M |
| BHYP | Bitwise Hyperliquid ETF Common Shares of Beneficial Interest | -$3M |
| THYP | 21Shares Hyperliquid ETF | -$3M |
Issuer League Table Update
The issuer landscape remains dominated by iShares, which controls 57.00% of the market with $53.88 billion in assets. Grayscale holds the second position with a 16.79% share and $15.87 billion in AUM. iShares also led the week in asset gathering, attracting $437 million in net new capital across its fund lineup. On the other side of the ledger, WisdomTree experienced the largest net outflows among issuers for the week, with redemptions totaling -$5 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 3 | $53.88B | 57.00% |
| Grayscale | 11 | $15.87B | 16.79% |
| Fidelity | 3 | $12.32B | 13.04% |
| Bitwise | 11 | $4.29B | 4.54% |
| 21Shares | 12 | $2.43B | 2.57% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $437M |
| Fidelity | $86M |
| 21Shares | $75M |
| Outflows | |
| WisdomTree | -$5M |
| Volatility Shares | -$1M |
| REX-Osprey | -$1M |
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.
