iShares Dominates as Cryptocurrency ETFs Pull in Over $2.5 Billion in Weekly Flows

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Weekly Channel Summary

The Cryptocurrency ETF channel encompasses 90 funds from 26 issuers, with total assets under management reaching $123.76 billion. Investors poured a significant $2.57 billion into the space over the past week, a strong reversal of recent trends. This substantial inflow has brought the year-to-date figure to a nearly breakeven -$49 million. Over the past year, the channel has attracted a net total of $5.01 billion in new assets.

This Week’s Performance Leaders and Laggards

All cryptocurrency categories finished the week with positive performance, paced by a strong showing from Altcoin funds. The Altcoin category surged 6.92%, significantly outpacing the gains in the larger Bitcoin and Ethereum categories, which rose 0.55% and 0.79% respectively. Despite the positive week, all segments remain down year-to-date, with Altcoins showing the smallest loss at -9.13%. On a one-year basis, however, Altcoins have delivered a remarkable 565.61% return.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Altcoin 6.92% 40.18% 19.12% 41.14% -9.13% 565.61%
Multicoin 1.26% 22.99% 8.08% 17.68% -13.87% -34.09%
Ethereum 0.79% 26.87% 21.08% 26.64% -17.99% -45.21%
Bitcoin 0.55% 21.45% 5.61% 17.95% -11.65% -31.05%

Top & Bottom 5 ETFs by Weekly Performance

The Zcash ETF (ZCSH) was the standout performer this week, posting a gain of 18.04%. Several Solana-focused products also had a strong week, including REX-Osprey SOL + Staking ETF (SSK) and Grayscale Solana Staking ETF (GSOL), which climbed 14.30% and 14.08% respectively. At the other end of the spectrum, the Grayscale Sui Staking ETF (GSUI) was the worst performer with a loss of 8.44%. It was joined at the bottom by the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK), which fell 8.30%.

Ticker Fund Name WTD Performance
Top Performers
ZCSH Zcash ETF 18.04%
SSK REX-Osprey SOL + Staking ETF 14.30%
GSOL Grayscale Solana Staking ETF 14.08%
FSOL Fidelity Solana Fund 13.98%
SOLC Canary Marinade Solana ETF 13.97%
Bottom Performers
GSUI Grayscale Sui Staking ETF -8.44%
BTCK 7RCC Spot Bitcoin and Carbon Credit Futures ETF -8.30%
STLR Volatility Shares Stellar ETF -8.15%
TSUI 21Shares Sui Staking ETF Common Shares of Beneficial Interest Shares -7.97%
SUIS Canary Staked SUIS ETF -7.91%

Analyzing the Weekly Flows

Cryptocurrency ETFs experienced a massive wave of inflows totaling $2.57 billion for the week. The Bitcoin category led the charge, attracting $1.35 billion, followed closely by the Ethereum category which gathered $906 million in new assets. Altcoin funds also saw healthy demand, pulling in $317 million, while the Multicoin category was the only one to see outflows, albeit a minor $2 million. This weekly strength contrasts with the year-to-date picture, where Bitcoin funds have shed $2.25 billion while Ethereum funds have added $484 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Bitcoin 22 $102.46B $1,350M $3,356M -$1,308M -$2,250M $1,219M
Ethereum 13 $15.57B $906M $1,678M $1,355M $484M -$720M
Altcoin 42 $4.46B $317M $393M $711M $1,586M $4,480M
Multicoin 13 $1.27B -$2M $153M $254M $131M $33M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares Bitcoin Trust ETF (IBIT) was the undisputed leader for inflows, attracting an impressive $1.21 billion in new capital. Its issuer-sibling, the iShares Ethereum Trust ETF (ETHA), also saw substantial demand, securing the second spot with $634 million in inflows. On the redemption side, the ProShares Bitcoin ETF (BITO) experienced the largest outflows of the week at $85 million. The Grayscale Bitcoin Trust ETF (GBTC) followed with the second-largest outflow, shedding $78 million.

Ticker Fund Name 5-Day Flow
Inflows
IBIT iShares Bitcoin Trust ETF $1,211M
ETHA iShares Ethereum Trust ETF $634M
FETH Fidelity Ethereum Fund ETF $130M
BSOL Bitwise Solana Staking ETF $97M
BTC Grayscale Bitcoin Mini Trust ETF $95M
Outflows
BITO ProShares Bitcoin ETF -$85M
GBTC Grayscale Bitcoin Trust ETF -$78M
XRPI Volatility Shares Trust XRP ETF -$3M
NCIQ Hashdex Nasdaq CME Crypto Index ETF -$2M
EETH ProShares Ether ETF -$1M

Issuer League Table Update

iShares continues to dominate the cryptocurrency ETF landscape, commanding a 58.01% market share with $71.79 billion in assets, while Grayscale holds the second position with a 16.50% share. Reinforcing its leadership, iShares also led all issuers in weekly asset gathering, pulling in a staggering $1.89 billion. In contrast, ProShares experienced the largest net redemptions for the week, with investors withdrawing $87 million from its products.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 3 $71.79B 58.01%
Grayscale 12 $20.42B 16.50%
Fidelity 3 $15.33B 12.39%
Bitwise 11 $5.90B 4.77%
21Shares 12 $3.14B 2.54%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $1,890M
Bitwise $244M
Fidelity $239M
Outflows
ProShares -$87M
Volatility Shares -$4M
Hashdex -$2M

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.