Crypto Recap: Outflows Hit $952M as Bitcoin & Altcoins Slide

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Weekly Channel Summary

The Digital Asset channel currently manages $134B in assets across 61 ETFs from 18 issuers. The channel experienced net outflows of $0.95B over the past week. However, year-to-date flows remain strong at $36.77B, contributing to a one-year flow total of $35.32B.

This Week’s Performance Leaders and Laggards

Bitcoin proved to be the relative leader this week, posting a decline of -2.16% WTD, while remaining down -6.66% YTD. The Altcoin category was the primary laggard, falling -4.17% for the week.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Bitcoin -2.16% -1.44% -22.04% -14.73% -6.66% -9.37%
Ethereum -2.98% 1.50% -32.42% 17.79% -10.52% -11.26%
Altcoin -4.17% -7.24% -43.92% -19.21%

Top & Bottom 5 ETFs by Weekly Performance

The best-performing ETF this week was the Arrow Valtoro ETF (ORO), posting a return of 0.83%. On the downside, the Canary HBAR ETF (HBR) and the CoinShares Altcoins ETF (DIME) struggled the most, dropping -8.98% and -6.06% respectively.

Ticker Fund Name WTD Performance
Top Performers
ORO Arrow Valtoro ETF 0.83%
BTRN Global X Bitcoin Trend Strategy ETF -0.17%
HBTC Fortuna Hedged Bitcoin Fund -0.45%
BTF CoinShares Bitcoin and Ether ETF -0.79%
BWOW Bitwise Dogecoin ETF -2.27%
Bottom Performers
HBR Canary HBAR ETF -8.98%
DIME CoinShares Altcoins ETF -6.06%
XRPR REX-Osprey XRP ETF -5.21%
SSK REX-Osprey SOL + Staking ETF -5.19%
BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF -4.86%

Analyzing the Weekly Flows

The channel saw total net outflows of $952M this week. The Altcoin category was the only category to see positive action, attracting $78M in inflows and bringing its total AUM to $2.33B. Conversely, the Ethereum category experienced the largest outflows, shedding $585M.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Altcoin 20 $2.33B $78M $1,024M $2,474M $3,142M $3,142M
Bitcoin 17 $113.31B ($351M) ($453M) $648M $23,643M $22,042M
Ethereum 12 $17.15B ($585M) ($343M) ($1,309M) $9,956M $10,112M

Top & Bottom 5 ETFs by 5-Day Flow

The Franklin XRP ETF (XRPZ) led all funds with $26M in net inflows. In contrast, the iShares Ethereum Trust ETF (ETHA) and the Bitwise Bitcoin ETF Trust (BITB) saw the largest outflows, losing $459M and $115M respectively.

Ticker Fund Name 5-Day Flow
Inflows
XRPZ Franklin XRP ETF $26M
XRP Bitwise XRP ETF $23M
FBTC Fidelity Wise Origin Bitcoin Fund $16M
GXRP Grayscale XRP Trust ETF $15M
XRPC Canary XRP ETF $10M
Outflows
ETHA iShares Ethereum Trust ETF ($459M)
BITB Bitwise Bitcoin ETF Trust ($115M)
ARKB ARK 21 Shares Bitcoin ETF ($101M)
BITW Bitwise 10 Crypto Index ETF ($97M)
BITO ProShares Bitcoin ETF ($61M)

Issuer League Table Update

iShares remains the dominant issuer with a 56.62% market share, followed by Grayscale at 17.30%. While Franklin led the way with $28M in weekly inflows, iShares experienced the largest outflows of $475M.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 2 $75.88B 56.62%
Grayscale 8 $23.18B 17.30%
Fidelity 3 $19.28B 14.39%
Bitwise 9 $5.52B 4.12%
21 Shares 5 $3.25B 2.43%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Franklin $28M
Canary $10M
CoinShares $6M
Outflows
iShares -$475M
Bitwise -$198M
21 Shares -$100M

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.