Weekly Channel Summary
The Digital Asset channel currently tracks 63 ETFs across 19 issuers, managing a total of $138B in assets. The channel experienced outflows this week, shedding roughly ($753M) in assets. Despite the recent pullback, the long-term trend remains positive with $36.09B in Year-to-Date inflows and $36.03B gathered over the past year.
This Week’s Performance Leaders and Laggards
In a generally difficult week for the space, Bitcoin held up best among the major categories, posting a nearly flat return of -0.15% Week-to-Date (WTD). On the other end of the spectrum, the Altcoin category was the primary laggard, dropping -3.81% WTD. While Bitcoin remains down -7.07% Year-to-Date, it continues to outperform the broader digital asset market over the short term.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | -0.15% | -2.63% | -18.35% | -17.77% | -7.07% | -8.96% |
| Ethereum | -1.91% | -3.17% | -26.83% | 18.12% | -12.21% | -12.00% |
| Altcoin | -3.81% | -16.20% | -39.09% | -20.48% | — | — |
Top & Bottom 5 ETFs by Weekly Performance
The OBTC (Osprey Bitcoin Trust) led all funds this week, delivering a 3.51% return. Conversely, the BWOW (Bitwise Dogecoin ETF) and GDOG (Grayscale Dogecoin Trust ETF Accred Inv) were the hardest hit, declining -8.14% and -8.13% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| OBTC | Osprey Bitcoin Trust | 3.51% |
| ORO | Arrow Valtoro ETF | 2.36% |
| BTRN | Global X Bitcoin Trend Strategy ETF | 0.06% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | 0.05% |
| AETH | Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF | 0.05% |
| Bottom Performers | ||
| BWOW | Bitwise Dogecoin ETF | -8.14% |
| GDOG | Grayscale Dogecoin Trust ETF Accred Inv | -8.13% |
| DOJE | REX-Osprey DOGE ETF | -7.82% |
| SOLZ | Solana ETF | -3.79% |
| GSOL | Grayscale Solana Trust ETF | -3.66% |
Analyzing the Weekly Flows
The channel saw a net outflow of roughly ($753M) this week. The Altcoin category was a bright spot, attracting $62M in inflows to reach a total AUM of $2.47B. Bitcoin ETFs experienced the heaviest selling pressure, recording significant outflows of ($673M).
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 21 | $2.47B | $62M | $559M | $2,363M | $3,205M | $3,205M |
| Ethereum | 12 | $17.96B | ($140M) | ($396M) | ($950M) | $9,816M | $9,924M |
| Bitcoin | 18 | $116.16B | ($673M) | ($571M) | $174M | $22,971M | $22,801M |
Top & Bottom 5 ETFs by 5-Day Flow
The ETH (Grayscale Ethereum Mini Trust ETF) led inflows for the week. On the other hand, the IBIT (iShares Bitcoin Trust ETF) and ETHA (iShares Ethereum Trust ETF) saw the largest exits.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| ETH | Grayscale Ethereum Mini Trust ETF | $34M |
| XRPZ | Franklin XRP ETF | $29M |
| XRP | Bitwise XRP ETF | $20M |
| BITO | ProShares Bitcoin ETF | $18M |
| GXRP | Grayscale XRP Trust ETF | $11M |
| Outflows | ||
| IBIT | iShares Bitcoin Trust ETF | ($416M) |
| ETHA | iShares Ethereum Trust ETF | ($123M) |
| GBTC | Grayscale Bitcoin Trust ETF | ($64M) |
| BITB | Bitwise Bitcoin ETF Trust | ($54M) |
| HODL | VanEck Bitcoin ETF | ($42M) |
Issuer League Table Update
iShares and Grayscale remain the dominant forces in the space, commanding the top two spots by market share. Franklin led all issuers in weekly inflows, while iShares saw the largest net outflows for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $77.89B | 56.41% |
| Grayscale | 8 | $23.99B | 17.37% |
| Fidelity | 3 | $19.90B | 14.41% |
| Bitwise | 9 | $5.65B | 4.09% |
| 21 Shares | 6 | $3.57B | 2.59% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Franklin | $18M |
| ProShares | $17M |
| CoinShares | $9M |
| Outflows | |
| iShares | ($539M) |
| Grayscale | ($77M) |
| Bitwise | ($54M) |
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.
