Weekly Channel Summary
The Digital Asset ETF channel, comprising 39 ETFs from 16 issuers, currently holds a total of $176.91 billion in Assets Under Management (AUM). The channel experienced net outflows of $258 million over the past week. Despite the weekly pullback, the year-to-date flows remain strongly positive at $41.54 billion, and the channel has attracted an impressive $60.20 billion in new assets over the past year, signaling sustained investor interest in the digital asset space.
This Week’s Performance Leaders and Laggards
It was a challenging week for the Digital Asset channel, with most categories posting negative returns. Ethereum-focused ETFs were the relative top performers, declining by only -3.98% for the week, and they remain up 13.51% year-to-date. The primary laggards were Altcoin ETFs, which saw a significant drop of -15.30% over the last five trading days.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Ethereum | -3.98% | -15.34% | 9.35% | 132.24% | 13.51% | 47.96% |
| Bitcoin | -7.86% | -7.91% | -11.29% | 22.48% | 11.21% | 55.15% |
| Altcoin | -15.30% | -24.61% | -11.72% | 26.08% | – | – |
Top & Bottom 5 ETFs by Weekly Performance
The week’s standout performer was the Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF (AETH), which bucked the market trend to post a gain of 6.77%. On the other end of the spectrum, the REX-Osprey DOGE ETF (DOJE) was the worst performer with a significant -22.22% decline, followed closely by the REX-Osprey XRP ETF (XRPR) which fell by -15.50%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| AETH | Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF | 6.77% |
| BTOP | Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF | -0.19% |
| HBTC | Fortuna Hedged Bitcoin Fund | -2.63% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | -3.28% |
| ETH | Grayscale Ethereum Mini Trust ETF | -4.17% |
| Bottom Performers | ||
| SOLZ | Solana ETF | -11.65% |
| SSK | REX-Osprey SOL + Staking ETF | -12.76% |
| XRPI | Volatility Shares Trust XRP ETF | -14.38% |
| XRPR | REX-Osprey XRP ETF | -15.50% |
| DOJE | REX-Osprey DOGE ETF | -22.22% |
Analyzing the Weekly Flows
Despite total net outflows of $258 million for the channel this week, the Altcoin category stood out, attracting $34 million in new assets. This category currently holds $0.88 billion in AUM. On the other side of the ledger, the Ethereum category experienced the largest outflows, shedding $215 million, while the Bitcoin category also saw outflows of $81 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 5 | $0.88B | $34M | $376M | $823M | $1,001M | $1,001M |
| Bitcoin | 16 | $149.18B | ($81M) | $5,537M | $9,954M | $28,118M | $43,621M |
| Ethereum | 12 | $26.62B | ($215M) | $1,204M | $9,146M | $12,277M | $15,443M |
Top & Bottom 5 ETFs by 5-Day Flow
Leading the inflow list was the iShares Bitcoin Trust ETF (IBIT), which successfully gathered $349 million. In contrast, the Grayscale Bitcoin Trust ETF (GBTC) saw the largest outflow at $293 million, followed by the iShares Ethereum Trust ETF (ETHA) with an outflow of $187 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBIT | iShares Bitcoin Trust ETF | $349M |
| FETH | Fidelity Ethereum Fund ETF | $76M |
| BITO | ProShares Bitcoin ETF | $54M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $16M |
| XRPR | REX-Osprey XRP ETF | $14M |
| Outflows | ||
| GBTC | Grayscale Bitcoin Trust ETF | ($293M) |
| ETHA | iShares Ethereum Trust ETF | ($187M) |
| BITB | Bitwise Bitcoin ETF Trust | ($139M) |
| ETHE | Grayscale Ethereum Trust ETF | ($36M) |
| ETH | Grayscale Ethereum Mini Trust ETF | ($27M) |
Issuer League Table Update
The issuer landscape continues to be dominated by iShares and Grayscale, which hold 58.07% and 17.42% of the market share, respectively. This week, iShares led all issuers by attracting $162 million in inflows. In contrast, Grayscale experienced the largest outflows among all issuers, with a withdrawal of $362 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $102.74B | 58.07% |
| Grayscale | 4 | $30.82B | 17.42% |
| Fidelity | 2 | $25.37B | 14.34% |
| Bitwise | 5 | $4.97B | 2.81% |
| 21 Shares | 2 | $4.63B | 2.62% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $162M |
| Fidelity | $92M |
| ProShares | $43M |
| Outflows | |
| Grayscale | ($362M) |
| Bitwise | ($155M) |
| 21 Shares | ($37M) |
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.
