Fidelity Adds $19M Into FBTC as Bitcoin ETFs Snap 3-Day Outflow Streak
Key Takeaways: Ether ETFs told a different story. The group extended its losing streak to four consecutive days, with net outflows of $23.64 million. Blackrock’s ETHA accounted for the bulk of the decline, shedding $50.57 million. Additional outflows were seen in Bitwise’s ETHW, Grayscale’s ETHE, and Fidelity’s FETH. There were, however, pockets of demand. Blackrock’s ETHB attracted $29.10 million, continuing to serve as a key inflow channel, while Grayscale’s Ether Mini Trust added $4.72 million. These gains softened but did not reverse the overall negative flow. Trading volumes came in at $339.87 million, with net assets ending at $13.25 billion. Beyond the major assets, flows weakened. XRP ETFs recorded net outflows of $5.83 million, all of it tied to Bitwise’s XRP product. Despite relatively modest trading activity of $16.90 million, the move marked a shift from the prior day’s inflows. Net assets held at $1.04 billion. Solana ETFs also broke their recent inactivity streak, but not in a positive direction. Grayscale’s GSOL posted a $1.24 million outflow, the sole movement after three days of no trading. Total value traded reached $23.51 million, with net assets closing at $849.48 million. The broader picture remains one of hesitation. Bitcoin’s return to inflows suggests that institutional demand has not disappeared, but the uneven distribution of capital points to a more selective approach. At the same time, continued weakness in ether and renewed outflows in smaller assets indicate that investors are still recalibrating risk. For now, the market is steady but cautious. Whether bitcoin’s rebound can build into a stronger trend may depend on how quickly confidence returns across the wider ETF landscape.About Author
