Weekly Channel Summary
The cryptocurrency ETF space continues to expand, with the channel currently boasting 72 ETFs managed by 19 distinct issuers, securing a total AUM of $108B. Over the trailing 5-day period, the channel witnessed +$162M in net new money. While year-to-date flows currently sit at -$1.34B, the 1-year flow profile remains exceptionally strong at +$34.44B, reflecting immense long-term adoption despite recent headwinds.
This Week’s Performance Leaders and Laggards
All major segments of the digital asset ETF space posted positive returns this week. Ethereum led the charge with a 6.34% WTD return, while Bitcoin was the primary laggard, relatively speaking, returning 4.07%. Looking at the longer timeframe, both categories are still working to recover their footing for the year; Ethereum remains down -26.65% YTD, and Bitcoin is down -14.60% YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Ethereum | 6.34% | 2.81% | -29.30% | -52.51% | -26.65% | 13.12% |
| Altcoin | 4.72% | 2.33% | -30.65% | -61.19% | -24.26% | – |
| Bitcoin | 4.07% | 2.93% | -16.73% | -35.31% | -14.60% | -10.87% |
Top & Bottom 5 ETFs by Weekly Performance
The GSUI (Grayscale Sui Staking ETF) was the single best-performing fund, surging 11.14% WTD. Conversely, the HBR (Canary HBAR ETF) and the BTRN (Global X Bitcoin Trend Strategy ETF) were the bottom two performers, posting -1.96% and 1.07% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GSUI | Grayscale Sui Staking ETF | 11.14% |
| SUIS | Canary Staked SUIS ETF | 11.02% |
| VAVX | Vaneck Avalanche Etf | 9.30% |
| ESK | REX-Osprey ETH + Staking ETF | 7.45% |
| QETH | Invesco Galaxy Ethereum ETF | 6.29% |
| Bottom Performers | ||
| HBR | Canary HBAR ETF | -1.96% |
| BTRN | Global X Bitcoin Trend Strategy ETF | 1.07% |
| ORO | Arrow Valtoro ETF | 1.42% |
| HBTC | Fortuna Hedged Bitcoin ETF | 2.54% |
| XRPR | REX-Osprey XRP ETF | 2.87% |
Analyzing the Weekly Flows
Total net flows across the crypto ETF ecosystem came in at +$162M for the week. Bitcoin, which holds the lion’s share of AUM at $92.37B, captured the vast majority of the inflows with +$190M. Ethereum also pulled in a modest +$8M. On the flip side, the Altcoin category experienced the largest capital drain, showing outflows of -$36M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Bitcoin | 18 | $92.37B | $190M | $1,471M | -$1,828M | -$894M | $21,767M |
| Ethereum | 12 | $11.93B | $8M | $86M | -$1,379M | -$665M | $9,154M |
| Altcoin | 28 | $2.40B | -$36M | $130M | $616M | $331M | $3,687M |
Top & Bottom 5 ETFs by 5-Day Flow
The IBIT (iShares Bitcoin Trust ETF) commanded the flows leaderboard this week, attracting an impressive $313M. Leading the redemptions, GBTC (Grayscale Bitcoin Trust ETF) and FBTC (Fidelity Wise Origin Bitcoin Fund) shed -$35M and -$34M respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBIT | iShares Bitcoin Trust ETF | $313M |
| FETH | Fidelity Ethereum Fund ETF | $30M |
| ETH | Grayscale Ethereum Staking Mini ETF | $15M |
| BTC | Grayscale Bitcoin Mini Trust ETF | $10M |
| BSOL | Bitwise Solana Staking ETF | $6M |
| Outflows | ||
| GBTC | Grayscale Bitcoin Trust ETF | -$35M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -$34M |
| BITO | ProShares Bitcoin ETF | -$29M |
| ETHA | iShares Ethereum Trust ETF | -$22M |
| TOXR | 21Shares XRP ETF Beneficial INT SH | -$18M |
Issuer League Table Update
iShares and Grayscale remain the undisputed heavyweights in the crypto ETF space, commanding 56.99% and 17.20% market share respectively. Not only does iShares lead in AUM, but they also dominated weekly asset gathering with +$291M in net inflows. In contrast, Grayscale experienced the heaviest net outflows, relinquishing -$33M over the 5-day period.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $61.32B | 56.99% |
| Grayscale | 10 | $18.51B | 17.20% |
| Fidelity | 3 | $14.54B | 13.51% |
| Bitwise | 10 | $4.55B | 4.23% |
| 21 Shares | 9 | $2.71B | 2.51% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $291M |
| Volatility Shares | $4M |
| Canary | $1M |
| Outflows | |
| Grayscale | -$33M |
| ProShares | -$29M |
| Bitwise | -$20M |
For a deeper dive into these trends, access our FREE, in-depth Crypto 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.
