Spot bitcoin ETFs recorded $527 million in net outflows last week, an eighth straight week of redemptions driven almost entirely by Blackrock's IBIT. Ether funds ended slightly negative, while XRP, Solana and HYPE products drew fresh money — a market rotating with care rather than leaving.
Blackrock's IBIT lost $772.6 million for the week, a single outflow large enough to sink the entire bitcoin ETF complex into the red. Spot bitcoin ETFs recorded $527 million in net outflows, marking their eighth consecutive week of redemptions.
IBIT overwhelms inflows elsewhere
Money did move into rival funds, but not enough to offset the exit from IBIT. Fidelity's FBTC added $100.9 million and Ark & 21Shares' ARKB brought in $101.9 million. Morgan Stanley's MSBT drew $37.1 million, Vaneck's HODL added $10.3 million, and Grayscale's Bitcoin Mini Trust gained $13.4 million.
Grayscale's GBTC was the other weekly drag, losing $27.7 million. The daily picture was uneven: bitcoin ETFs saw outflows of $231.10 million on Monday, $222.64 million on Tuesday and $294.62 million on Wednesday. Thursday then brought a $221.72 million inflow, the strongest daily addition since May 5 and the first positive session after a 10-day outflow streak.
Ether nearly stabilizes
Ether ETFs also stayed slightly negative, posting $13.67 million in net outflows for the week — their eighth straight week of redemptions. The category lost $30.04 million on Monday and $27.60 million on Tuesday before turning positive later in the week.
It then added $14.89 million on Wednesday and $29.08 million on Thursday, helped by renewed demand for Blackrock's ETHA. The late recovery narrowed the weekly loss without erasing it.
Altcoin funds draw selective demand
Away from the majors, altcoin products told a stronger story. Spot XRP ETFs recorded $17.19 million in net inflows, led by a $15.34 million Monday. Spot Solana ETFs brought in $5.75 million, and spot HYPE ETFs posted $4.32 million in net inflows.
The flows point to investors who are not leaving crypto but reallocating within it. Bitcoin still carries the market's dominant outflows, yet ether has nearly stabilized and altcoin funds continued to attract selective demand.
Source: Bitcoin News
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