U.S. spot bitcoin ETFs recorded about $95 million in net outflows on Thursday, while ether ETFs lost roughly $52 million and ended a five-day inflow streak. The withdrawals came even as bitcoin and ether prices moved higher, showing a split between fund flows and spot market momentum.
U.S. spot bitcoin ETFs recorded about $95 million in net outflows on Thursday, while ether ETFs lost roughly $52 million and ended a five-day inflow streak. The withdrawals came even as bitcoin and ether prices moved higher, showing a split between fund flows and spot market momentum.
The shift matters because ETF flows are a widely watched gauge of institutional demand for crypto exposure. In this case, the fund data weakened even as major tokens rallied, suggesting that ETF investors were not chasing the latest price move.
U.S. spot bitcoin exchange-traded funds saw another day of withdrawals on Thursday, with net outflows of about $95 million, according to CoinDesk citing SoSoValue data. Spot ether ETFs also turned negative, losing roughly $52 million and ending a five-day run of inflows.
The shift matters because ETF flows are a widely watched gauge of institutional demand for crypto exposure. In this case, the fund data weakened even as major tokens rallied, suggesting that ETF investors were not chasing the latest price move.
Among bitcoin products, Fidelity’s FBTC accounted for the largest outflow at roughly $63 million, followed by ARKB at about $40 million. BlackRock’s IBIT was flat on the day, while VanEck’s HODL and Morgan Stanley’s MSBT were the only bitcoin funds to post inflows. Total spot bitcoin ETF assets were near $77 billion.
Ether’s reversal was broad-based. Fidelity’s FETH lost about $34 million and BlackRock’s ETHA shed roughly $13 million, while Bitwise and BlackRock’s second ether fund were also negative. No ether fund recorded an inflow, with total net assets holding around $9 billion.
The outflows contrasted with a firmer market backdrop. Bitcoin rose 3.5% on Friday to nearly $64,000 and was up 4.2% for the week, while ether gained 2.6% to $1,760. CoinDesk reported that bitcoin has spent much of the past month trading between about $59,000 and $66,000 without a decisive breakout.
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