Crypto Recap: Altcoins Outshine Bitcoin in Weekly Performance and Flows

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Weekly Channel Summary

The Digital Asset channel currently manages $137.76B in assets across 63 ETFs and 19 issuers. For the week, the channel experienced net outflows of ($228M). This brings the Year-to-Date flow total to ($429M), although the channel has accumulated $35.82B in net inflows over the past year.

This Week’s Performance Leaders and Laggards

Altcoin strategies led the channel this week, delivering a strong Week-to-Date (WTD) return of 8.18%. In contrast, Bitcoin strategies lagged the group, posting a smaller gain of 2.01%. Year-to-Date, all major categories remain in positive territory, with Altcoin maintaining the lead at 8.87%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Altcoin 8.18% -6.56% -41.58% -20.05% 8.87%
Ethereum 5.93% 3.36% -29.94% 18.23% 4.57% -9.77%
Bitcoin 2.01% -1.79% -23.82% -17.46% 2.30% -8.35%

Top & Bottom 5 ETFs by Weekly Performance

The Bitwise Dogecoin ETF (BWOW) took the top spot this week with a surge of 14.29%. On the downside, the Arrow Valtoro ETF (ORO) and Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) lagged the field.

Ticker Fund Name WTD Performance
Top Performers
BWOW Bitwise Dogecoin ETF 14.29%
GDOG Grayscale Dogecoin Trust ETF Accred Inv 14.28%
DOJE REX-Osprey DOGE ETF 12.71%
BSOL Bitwise Solana Staking ETF 7.82%
SOEZ Franklin Solana ETF 7.79%
Bottom Performers
ORO Arrow Valtoro ETF -2.20%
BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF 0.05%
AETH Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF 0.06%
BTOP Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF 0.06%
BTRN Global X Bitcoin Trend Strategy ETF 0.08%

Analyzing the Weekly Flows

The channel saw net outflows of ($228M) this week. However, the Altcoin category bucked the trend, attracting $107M in new assets (Total AUM: $2.85B). Conversely, Bitcoin ETFs experienced the heaviest selling pressure, with ($253M) in net outflows.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Altcoin 23 $2.85B $107M $641M $2,483M $1M $3,386M
Ethereum 12 $18.04B ($59M) ($516M) ($1,515M) ($71M) $9,721M
Bitcoin 18 $115.66B ($253M) ($1,018M) ($1,404M) ($343M) $22,718M

Top & Bottom 5 ETFs by 5-Day Flow

The Fidelity Solana Fund (FSOL) led all products with $73M in net inflows. At the other end of the spectrum, the iShares Bitcoin Trust ETF (IBIT) and Grayscale Bitcoin Trust ETF (GBTC) saw the most significant exits.

Ticker Fund Name 5-Day Flow
Inflows
FSOL Fidelity Solana Fund $73M
BITO ProShares Bitcoin ETF $39M
ETHE Grayscale Ethereum Trust ETF $34M
ARKB ARK 21 Shares Bitcoin ETF $26M
XRP Bitwise XRP ETF $17M
Outflows
IBIT iShares Bitcoin Trust ETF ($156M)
GBTC Grayscale Bitcoin Trust ETF ($78M)
ETHA iShares Ethereum Trust ETF ($57M)
FBTC Fidelity Wise Origin Bitcoin Fund ($57M)
BITW Bitwise 10 Crypto Index ETF ($22M)

Issuer League Table Update

iShares maintains its dominant position in the channel with a 56.3% market share, followed by Grayscale at 17.4%. In terms of recent activity, ProShares secured the most inflows this week ($33M), while iShares experienced the largest net outflows ($213M).

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 2 $77.56B 56.30%
Grayscale 8 $23.97B 17.40%
Fidelity 3 $19.93B 14.46%
Bitwise 9 $5.64B 4.09%
21 Shares 6 $3.58B 2.60%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
ProShares $33M
21 Shares $26M
Fidelity $22M
Outflows
iShares ($213M)
Grayscale ($66M)
VanEck ($16M)

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.