Weekly Channel Summary
The Digital Asset channel currently tracks 51 ETFs across 18 issuers, managing a total of $135B in assets. The past week saw significant profit-taking and reallocation, resulting in net outflows of approximately $2.5 billion. Despite this weekly pullback, the channel maintains strong momentum with over $35.5 billion in year-to-date inflows and $44.0 billion in net flows over the past year.
This Week’s Performance Leaders and Laggards
It was a challenging week for crypto prices, with all major categories finishing in negative territory. Bitcoin strategies held up the best relative to peers, declining 8.60% WTD, while broader markets took a steeper hit. Altcoin strategies were the primary laggards, falling 13.07% for the week, closely followed by Ethereum, which dropped 12.33%. Year-to-date, Bitcoin remains the best relative performer among the major spot groupings despite the recent pullback.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | -8.60% | -20.59% | -22.56% | -20.79% | -9.62% | -14.17% |
| Ethereum | -12.33% | -29.78% | -34.49% | 8.03% | -16.89% | -16.25% |
| Altcoin | -13.07% | -29.37% | -33.41% | -31.77% | — | — |
Top & Bottom 5 ETFs by Weekly Performance
Managed futures and trend strategies offered shelter from the volatility this week. The BTRN (Global X Bitcoin Trend Strategy ETF) was the top performer, managing to stay flat/positive at 0.06%. Conversely, altcoin exposure faced heavy selling pressure, with the DIME (CoinShares Altcoins ETF) and LTCC (Canary Litecoin ETF) dropping 18.73% and 16.69%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BTRN | Global X Bitcoin Trend Strategy ETF | 0.06% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | 0.06% |
| AETH | Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF | 0.06% |
| BTOP | Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF | 0.05% |
| ORO | Arrow Valtoro ETF | -0.22% |
| Bottom Performers | ||
| ESK | REX-Osprey ETH + Staking ETF | -15.40% |
| XRPR | REX-Osprey XRP ETF | -16.01% |
| HBR | Canary HBAR ETF | -16.64% |
| LTCC | Canary Litecoin ETF | -16.69% |
| DIME | CoinShares Altcoins ETF | -18.73% |
Analyzing the Weekly Flows
The channel experienced total net outflows of over $2.5 billion this week. However, the bright spot was the Altcoin category, which was the only segment to see net positive demand, taking in $99 million on a base of $1.32 billion in AUM. Bitcoin funds saw the heaviest volume of redemptions, with nearly $2 billion in outflows, while Ethereum funds also shed approximately $700 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 9 | $1.32B | $99M | $732M | $1,326M | $1,773M | $1,773M |
| Ethereum | 12 | $17.55B | ($700M) | ($1,840M) | $826M | $10,028M | $12,613M |
| Bitcoin | 17 | $115.24B | ($1,976M) | ($3,924M) | $3,927M | $23,273M | $29,150M |
Top & Bottom 5 ETFs by 5-Day Flow
Despite the broader outflow trend, the BTC (Grayscale Bitcoin Mini Trust ETF) bucked the trend, pulling in $193 million. Conversely, the largest funds suffered the biggest exits, with the IBIT (iShares Bitcoin Trust ETF) and ETHA (iShares Ethereum Trust ETF) shedding significant assets.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BTC | Grayscale Bitcoin Mini Trust ETF | $193M |
| BSOL | Bitwise Solana Staking ETF | $98M |
| ETH | Grayscale Ethereum Mini Trust ETF | $73M |
| EETH | ProShares Ether ETF | $34M |
| GSOL | Grayscale Solana Trust ETF | $17M |
| Outflows | ||
| ARKB | ARK 21 Shares Bitcoin ETF | ($124M) |
| FBTC | Fidelity Wise Origin Bitcoin Fund | ($226M) |
| GBTC | Grayscale Bitcoin Trust ETF | ($259M) |
| ETHA | iShares Ethereum Trust ETF | ($679M) |
| IBIT | iShares Bitcoin Trust ETF | ($1,427M) |
Issuer League Table Update
iShares remains the dominant force in the space with over $77 billion in AUM, followed by Grayscale with $23.3 billion. In terms of weekly activity, Bitwise led the pack, gathering the most inflows, while iShares experienced the largest volume of outflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $77.67B | 57.70% |
| Grayscale | 5 | $23.30B | 17.31% |
| Fidelity | 3 | $18.95B | 14.08% |
| Bitwise | 6 | $4.33B | 3.22% |
| 21 Shares | 4 | $3.44B | 2.56% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Bitwise | $75M |
| Canary | $70M |
| Franklin | $7M |
| Outflows | |
| 21 Shares | ($124M) |
| Fidelity | ($319M) |
| iShares | ($2,105M) |
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.
