Crypto ETFs Turn Red: Bitcoin Loses $159 Million, Ether Drops $64 Million
Key Takeaways: Trading volume stood at $1.78 billion, with net assets settling at $88.71 billion. The message was clear. Conviction remains fragile. Ether ETFs followed the same path. The sector recorded $64.67 million in net outflows, driven primarily by two funds. Fidelity’s FETH led with a $48.21 million exit, while Blackrock’s ETHA shed $16.46 million. No inflows were recorded across the segment. Trading activity reached $1.03 billion, and net assets closed at $11.98 billion. In contrast, XRP ETFs provided the only bright spot of the session. The group recorded a $3.30 million inflow, breaking away from the broader negative trend. Bitwise’s XRP led with $1.90 million, while Franklin’s XRPZ added $1.42 million. Trading volume came in at $11.89 million, with net assets closing at $921.57 million. Solana ETFs faced some of the heaviest relative pressure. The segment recorded $15.40 million in net outflows, spread across multiple funds. Bitwise’s BSOL accounted for the majority with $13.34 million in exits, followed by Grayscale’s GSOL at $1.82 million and Fidelity’s FSOL with a smaller $238,930 outflow. Trading volume reached $40.98 million, with net assets at $775.83 million. The contrast across assets is striking. Bitcoin and ether continue to see rapid shifts in flows, while smaller assets either struggle or, in XRP’s case, attract selective interest. The market remains active, but direction remains uncertain.About Author
