Weekly Channel Summary
As of November 14, 2025, the Digital Asset ETF channel encompasses 48 ETFs from 18 different issuers, managing a total of $159 billion in assets. The channel experienced net outflows of ($1.44 billion) over the past week and ($3.00 billion) over the past 30 days. Despite the recent pullback, year-to-date flows remain strongly positive at $38.06 billion, with one-year flows totaling $47.33 billion.
This Week’s Performance Leaders and Laggards
It was a challenging week across the Digital Asset channel, with all major categories posting negative returns. The Bitcoin category was the top performer on a relative basis, declining -7.21% week-to-date (WTD), bringing its year-to-date (YTD) performance nearly flat at -0.14%. The primary laggard was the Altcoin category, which fell -8.86% for the week. Ethereum-focused ETFs also saw significant declines, dropping -7.48% WTD, pushing their YTD return to -5.11%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | -7.21% | -14.89% | -19.31% | -8.87% | -0.14% | 6.09% |
| Ethereum | -7.48% | -21.55% | -30.66% | 18.23% | -5.11% | 3.55% |
| Altcoin | -8.86% | -19.43% | -29.65% | -27.36% | – | – |
Top & Bottom 5 ETFs by Weekly Performance
Despite the broad market downturn, a few funds bucked the trend. The Arrow Valtoro ETF (ORO) was the week’s best performer, posting a gain of 1.23%. On the other end of the spectrum, Solana-focused funds faced heavy losses. The Solana ETF (SOLZ) was the worst performer with a -14.92% return, followed closely by the Grayscale Solana Trust ETF (GSOL), which fell -14.48%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ORO | Arrow Valtoro ETF | 1.23% |
| BTOP | Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF | 0.05% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | 0.05% |
| AETH | Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF | 0.05% |
| XRPR | REX-Osprey XRP ETF | -0.71% |
| Bottom Performers | ||
| SOLZ | Solana ETF | -14.92% |
| GSOL | Grayscale Solana Trust ETF | -14.48% |
| SSK | REX-Osprey SOL + Staking ETF | -11.20% |
| ETHE | Grayscale Ethereum Trust ETF | -9.56% |
| ETH | Grayscale Ethereum Mini Trust ETF | -9.53% |
Analyzing the Weekly Flows
The channel saw total net outflows of ($1.73 billion) over the past five trading days. The Altcoin category was the only one to attract new assets, pulling in $11 million, a notable inflow for the $830 million category. In contrast, Bitcoin ETFs led the outflows, shedding ($1.14 billion), while Ethereum ETFs also saw significant withdrawals of ($598 million).
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 6 | $0.83B | $11M | $46M | $591M | $1,024M | $1,024M |
| Ethereum | 12 | $21.49B | ($598M) | ($1,147M) | $1,236M | $10,728M | $13,094M |
| Bitcoin | 17 | $136.03B | ($1,142M) | ($2,812M) | $5,252M | $25,260M | $32,164M |
Top & Bottom 5 ETFs by 5-Day Flow
On an individual ETF level, the ProShares Bitcoin ETF (BITO) was the top gatherer, attracting $39 million. Outflows were led by two major spot bitcoin funds: the Fidelity Wise Origin Bitcoin Fund (FBTC), which lost ($344 million), and the Grayscale Bitcoin Mini Trust ETF (BTC), which saw ($294 million) in redemptions.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BITO | ProShares Bitcoin ETF | $39M |
| GSOL | Grayscale Solana Trust ETF | $13M |
| XRPR | REX-Osprey XRP ETF | $13M |
| XRPI | Volatility Shares Trust XRP ETF | $4M |
| EETH | ProShares Ether ETF | $2M |
| Outflows | ||
| FBTC | Fidelity Wise Origin Bitcoin Fund | ($344M) |
| BTC | Grayscale Bitcoin Mini Trust ETF | ($294M) |
| ETHA | iShares Ethereum Trust ETF | ($214M) |
| IBIT | iShares Bitcoin Trust ETF | ($201M) |
| ETH | Grayscale Ethereum Mini Trust ETF | ($147M) |
Issuer League Table Update
The issuer landscape remains concentrated, with iShares (59.15% market share) and Grayscale (16.58% market share) continuing to dominate. This week, Canary led all issuers in asset gathering, pulling in $252 million. Among the top issuers, the outflows were significant, with Grayscale seeing the largest withdrawals at ($648 million), followed by Fidelity at ($453 million) and iShares at ($414 million).
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $94.25B | 59.15% |
| Grayscale | 5 | $26.42B | 16.58% |
| Fidelity | 2 | $21.86B | 13.72% |
| Bitwise | 6 | $4.80B | 3.01% |
| 21Shares | 4 | $4.05B | 2.54% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Canary | $252M |
| ProShares | $41M |
| REX-Osprey | $1M |
| Outflows | |
| Grayscale | ($648M) |
| Fidelity | ($453M) |
| iShares | ($414M) |
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.
