Bitcoin ETFs reverse with $463M outflows as Ether ETFs gain $197M
Bitcoin ETFs post $462.7M in weekly outflows after a three-week inflow streak Ether ETFs gain $196.9M as Bitcoin funds face heavy selling and renewed pressure
US spot Bitcoin exchangetraded funds recorded $462.7 million in net outflows last week, ending a threeweek streak of inflows. The withdrawals were spread across four trading sessions from Tuesday through Friday, with ARK 21Shares Bitcoin ETF, Grayscale’s Bitcoin Trust ETF, BlackRock’s iShares Bitcoin Trust ETF, and Fidelity’s Wise Origin Bitcoin Fund among the largest weekly losers.
The heaviest selling came on Thursday, when Bitcoin ETFs saw $282.7 million in net outflows, their largest daily withdrawal since July. Friday’s outflow eased to $13.2 million, but the funds still finished the week in negative territory.
Ether ETFs moved in the opposite direction, posting $196.9 million in net inflows over the same period. BlackRock’s iShares Ethereum Trust ETF led Friday’s gains, helping push the group into positive weekly flows after a mixed start to the week.