Weekly Channel Summary
The Digital Asset channel, composed of 37 ETFs from 16 issuers, now oversees a total of $189.46 billion in Assets Under Management (AUM). The channel experienced a strong week, attracting net inflows of $2.31 billion. This contributes to a robust year-to-date (YTD) inflow of $34.82 billion and a total of $55.94 billion in new assets over the past year, underscoring significant and ongoing investor appetite for this asset class.
This Week’s Performance Leaders and Laggards
It was a challenging week for the Digital Asset channel, with all major categories posting negative returns. The Bitcoin category proved to be the most resilient, declining by only 1.20% week-to-date (WTD), while still maintaining a positive 20.18% YTD return. The Ethereum category was the primary laggard, experiencing a more significant drop of 3.69% for the week, though it remains the top performer year-to-date with a 31.47% gain.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | -1.20% | 1.45% | 9.20% | 30.91% | 20.18% | 77.50% |
| Solana | -1.98% | 30.06% | 55.82% | – | – | – |
| Multicoin | -2.69% | 3.73% | 28.17% | 52.55% | 21.74% | 68.13% |
| Ethereum | -3.69% | 6.49% | 74.03% | 111.73% | 31.47% | 81.44% |
Top & Bottom 5 ETFs by Weekly Performance
In a week where nearly all funds saw losses, futures-based strategies bucked the trend. The ARK 21 Shares Active Ethereum Futures Strategy ETF (ARKZ) and the ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) were the only funds to post a positive return, both gaining 0.06%. The week’s biggest declines were concentrated in Ethereum products, with the ProShares Ether ETF (EETH) falling 5.15% and the Grayscale Ethereum Trust ETF (ETHE) dropping by 4.79%.
| Top Performers | ||
| ARKZ | ARK 21 Shares Active Ethereum Futures Strategy ETF | 0.06% |
| ARKA | ARK 21Shares Active Bitcoin Futures Strategy ETF | 0.06% |
| BTRN | Global X Bitcoin Trend Strategy ETF | -1.04% |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -1.08% |
| IBIT | iShares Bitcoin Trust ETF | -1.09% |
| Bottom Performers | ||
| EETH | ProShares Ether ETF | -5.15% |
| ETHE | Grayscale Ethereum Trust ETF | -4.79% |
| ETH | Grayscale Ethereum Mini Trust ETF | -4.78% |
| QETH | Invesco Galaxy Ethereum ETF | -4.73% |
| FETH | Fidelity Ethereum Fund ETF | -4.11% |
Analyzing the Weekly Flows
Despite negative weekly performance, the Digital Asset channel saw impressive net inflows of $2.31 billion. The Bitcoin category was the main beneficiary, collecting over $1.32 billion in new assets for its massive $157.96 billion AUM. The Ethereum category also saw significant demand, pulling in $920 million. The only notable outflows came from the Grayscale Bitcoin Trust ETF (GBTC), which saw investors withdraw a modest $63 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Bitcoin | 17 | $157.96B | $1,319M | $2,867M | $11,742M | $22,987M | $40,908M |
| Ethereum | 12 | $30.69B | $920M | $1,396M | $10,017M | $11,265M | $14,474M |
| Solana | 2 | $0.57B | $71M | $153M | $423M | $444M | $444M |
| Multicoin | 6 | $0.25B | $3M | $14M | $17M | $122M | $119M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows were concentrated in the largest funds, with the iShares Bitcoin Trust ETF (IBIT) leading the pack by a wide margin, taking in $885 million. Its Ethereum counterpart, the iShares Ethereum Trust ETF (ETHA), was a distant second with $534 million in new money. The only notable outflows came from the Grayscale Bitcoin Trust ETF (GBTC), which shed $63 million, and the ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ), which lost $3 million.
| Inflows | ||
| IBIT | iShares Bitcoin Trust ETF | $885M |
| ETHA | iShares Ethereum Trust ETF | $534M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $350M |
| FETH | Fidelity Ethereum Fund ETF | $237M |
| ARKB | ARK 21Shares Bitcoin ETF | $53M |
| Outflows | ||
| GBTC | Grayscale Bitcoin Trust ETF | ($63M) |
| ARKZ | ARK 21Shares Active Ethereum Futures Strategy ETF | ($3M) |
| QETH | Invesco Galaxy Ethereum ETF | ($2M) |
| ARKA | ARK 21Shares Active Bitcoin Futures Strategy ETF | ($2M) |
Issuer League Table Update
The issuer landscape remains concentrated, with iShares leading at a 56.69% market share, followed by Grayscale at 18.28%. iShares also dominated weekly asset gathering, bringing in an impressive $1.42 billion in inflows. Fidelity came in a strong second with $587 million in new assets. There were no significant outflows among the top issuers this week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $107.41B | 56.69% |
| Grayscale | 4 | $34.63B | 18.28% |
| Fidelity | 2 | $28.12B | 14.84% |
| Bitwise | 5 | $5.45B | 2.88% |
| 21 Shares | 4 | $5.27B | 2.78% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| iShares | $1,420M |
| Fidelity | $587M |
| Grayscale | $73M |
| Outflows | |
| CoinShares | $0M |
| WisdomTree | $0M |
| Fortuna | $0M |
For a deeper dive into these trends, access our FREE, in-depth Thematic 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.
