Bitcoin ETFs posted $282.56 million in net outflows on Thursday, a third straight losing session, as bitcoin traded near $77,000. Ether and solana funds also slipped into the red, while XRP funds were the only category to draw fresh capital.
Bitcoin funds extend outflow streak to $449 million
Six bitcoin ETFs finished Thursday's session in negative territory, with redemptions spreading across nearly every major issuer. Ark & 21Shares' ARKB led the exits with $164.32 million, followed by Grayscale's GBTC with $36.38 million and Fidelity's FBTC with $33.55 million.
Blackrock's IBIT lost $24.46 million, Vaneck's HODL shed $15.27 million, and Bitwise's BITB recorded a $12.56 million outflow. Morgan Stanley's MSBT brought in $3.98 million, offering only a small offset. Daily trading value reached $1.70 billion, while net assets fell to $97.49 billion.
With one session left in the week, bitcoin ETF outflows have reached $449.44 million. The decline comes as bitcoin's price hovers near $77,000, keeping institutional demand under scrutiny.
Ether and solana funds slip into the red
Ether ETFs also turned lower, recording $29.76 million in net outflows. Fidelity's FETH led with $25.15 million in exits, while Blackrock's ETHA lost $18.59 million and Grayscale's ETHE shed $7.72 million.
Some capital still entered the category. Blackrock's ETHB attracted $13.95 million, and Grayscale's Ether Mini Trust added $7.75 million. Trading activity reached $773.37 million, with net assets closing at $15.60 billion.
Solana ETFs recorded a modest $482,550 outflow. Fidelity's FSOL brought in $888,410, though a $1.37 million exit from Bitwise's BSOL pushed the category into negative territory. Trading value reached $42.50 million, while net assets finished at $1.39 billion.
XRP funds keep their inflow streak alive
XRP ETFs provided the day's only positive reading, adding $5.14 million. The entire inflow went into Franklin's XRPZ. Total trading value reached $25.63 million, while net assets closed at $1.45 billion.
The steady demand for XRP funds stands out in a softer crypto ETF tape, and it comes even as XRP's price dipped about 7% within the past seven days. Thursday's data leaves bitcoin as the clear source of pressure heading into the final session of the week, while XRP continues to show the strongest near-term flow resilience.
Source: Bitcoin News
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