Spot bitcoin ETFs recorded net outflows of $70.47 million, extending a difficult period of withdrawals. Blackrock’s IBIT accounted for most of the decline with $61.45 million in outflows, while Fidelity’s FBTC added $10.12 million in additional outflows. Morgan Stanley’s MSBT was the only fund with a modest $1.11 million inflow. Despite the outflows, total value traded reached $1.36 billion and total net assets edged up to $101.12 billion. Ether ETFs recorded net outflows of $28.14 million for an eighth consecutive day, led by Blackrock’s ETHA with $30.94 million in outflows. Blackrock’s ETHB received $4.39 million in inflows, while trading volume was $350.41 million and net assets closed at $12.24 billion. XRP ETFs gained $1.45 million, while solana ETF flows stalled.
"Spot bitcoin ETFs recorded net outflows of $70.47 million, extending a difficult stretch for the category after several days of heavy withdrawals. Blackrock's IBIT once again accounted for the majority of the decline, posting a $61.45 million exit. Fidelity's FBTC added another $10.12 million in outflows, reinforcing the cautious sentiment around the largest bitcoin-linked funds. Morgan Stanley's MSBT provided the only positive flow of the session with a modest $1.11 million inflow, though it was far from enough to offset the broader selling pressure."
"Despite the outflows, trading activity remained active. Bitcoin ETFs generated $1.36 billion in total value traded, while total net assets edged slightly higher to $101.12 billion, suggesting underlying asset prices helped cushion the impact of investor withdrawals. Four days of consecutive outflows for bitcoin ETFs worth $1.34 billion. Ether ETFs followed a similar pattern."
"The category recorded net outflows of $28.14 million, extending its negative streak to eight consecutive trading days. Blackrock's ETHA remained the primary source of weakness, losing $30.94 million during the session. Fidelity's FETH posted an additional $1.60 million outflow. There was, however, a small counterbalance. Blackrock's ETHB attracted $4.39 million in inflows, continuing its role as one of the few ether-focused products still seeing intermittent institutional demand."
"XRP ETFs gained $1.45M via Canary XRPC as solana ETF flows stalled on Wednesday. The selling wave across digital asset ETFs has slowed in size, but not in direction. Institutional investors continued trimming exposure to bitcoin and ether products, even as overall trading activity remained relatively stable. Trading volume across ether ETFs came in at $350.41 million, with total net assets closing at $12.24 billion."
Read at news.bitcoin.com
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