Crypto ETFs Face Heavy Outflows Amid Market Retreat

Crypto exchange-traded funds ETFs experienced significant outflows as bitcoin and ether saw a wave of withdrawals. XRP also declined, while solana managed to attract modest inflows.
Bitcoin spot ETFs suffered a net outflow of 410.37 million, with losses across ten funds. Blackrock s IBIT led the decline with 157.56 million, followed by Fidelity s FBTC with 104.13 million and Grayscale s GBTC at 59.12 million. Other funds like Grayscale s Bitcoin Mini Trust and Ark & 21shares ARKB also recorded significant exits. Trading volume reached 3.55 billion, and total assets fell to 82.86 billion.
Ether ETFs followed suit with 113.10 million in net outflows. Fidelity s FETH accounted for 43.52 million, while Blackrock s ETHA recorded 28.99 million in redemptions. Other funds like Grayscale s Ether Mini Trust and Bitwise s ETHW also saw losses. Trading activity totaled 880.37 million, with net assets ending at 10.97 billion.
XRP ETFs also experienced a net outflow of 6.42 million. Despite some inflows from Canary s XRPC and Franklin s XRPZ, these were overshadowed by an 8.91 million outflow from Grayscale s GXRP. Trading volume stood at 12.52 million with net assets dropping to 970.66 million.
In contrast, solana ETFs saw a modest net inflow of 2.7 million. This was primarily driven by Bitwise s BSOL and Grayscale s GSOL. Trading volume reached 27.12 million with net assets finishing at 656.29 million.
Overall, the session reflected ongoing caution in the crypto ETF markets. Bitcoin and ether faced heavy redemptions, XRP weakened under selling pressure, and solana was the only category to close in positive territory.