Crypto ETF flows diverge into the holiday break
Crypto exchange-traded fund flows ended the shortened trading week on a mixed note ahead of the Easter holiday. Bitcoin ETFs returned to net inflows, adding $8.99 million, a modest improvement that helped the segment finish the week in positive territory despite recent volatility.
The inflows were led by Fidelity’s FBTC with $7.29 million and VanEck’s HODL with $4.74 million. Some pressure remained, however, as BlackRock’s IBIT posted $3.04 million in outflows. Even so, that was not enough to drag the overall Bitcoin ETF category back into the red. Total trading volume for Bitcoin ETFs reached $1.97 billion, while net assets stood at $86.22 billion.
Ether ETFs continue to weaken
Ether ETFs told a very different story. The category recorded a sharp $71.10 million net outflow, extending its recent losing streak. BlackRock’s ETHA led the decline with $46.66 million in withdrawals, followed by Grayscale’s ETHE at $16.80 million and Fidelity’s FETH at $7.70 million. Notably, no Ether ETF reported inflows during the session.
Trading volume in Ether ETFs came in at $970.16 million, and the segment closed with $11.70 billion in net assets. The absence of any offsetting inflows suggests investors remained cautious toward Ether exposure even as Bitcoin products stabilized.
Smaller gains for XRP and Solana products
Outside the two largest crypto assets, smaller ETF categories showed limited but positive momentum. XRP ETFs posted a net inflow of $64,600. That move was driven by a $1.31 million increase in Bitwise’s XRP fund, partially offset by a $1.25 million outflow from Canary’s XRPC. Trading volume in XRP ETFs reached $14.02 million, with net assets at $916.73 million.
Solana ETFs also edged higher, recording $932,800 in inflows, entirely from Fidelity’s FSOL. Trading activity totaled $36.83 million, and net assets closed at $771.36 million.
Market still lacks a clear direction
Overall, the final session of the shortened week highlighted a market still searching for direction. Bitcoin ETFs managed to return to inflows, but only narrowly. Ether ETFs remained under heavier selling pressure, while XRP and Solana products showed only modest gains. The flow data points to selective positioning rather than a broad-based risk-on move as investors head into the holiday pause.