Crypto exchange-traded funds (ETFs) ended the week under intense selling pressure, with Bitcoin ETFs posting a net outflow of $225.48 million on Friday — one of the largest single-day withdrawals reported this week. The losses were concentrated, with few bright spots across the board. Ether ETFs extended their losing streak to eight consecutive days, while Solana funds also saw outflows and XRP remained entirely inactive.
Bitcoin ETFs: IBIT Leads $225 Million Exodus
The week did not end quietly for Bitcoin ETFs. On Friday, net outflows totaled $225.48 million, with BlackRock’s IBIT accounting for the overwhelming majority — a single-day redemption of $201.53 million. Bitwise’s BITB followed with $18.60 million in outflows, while Ark & 21Shares’ ARKB posted a smaller $5.35 million exit. No inflows were reported to offset the pressure. Despite robust trading volume of $3.39 billion, net assets in the Bitcoin ETF category fell sharply to $84.77 billion, reflecting sustained redemption pressure from institutional investors.
Ether ETFs: Eight-Day Losing Streak, but Staking Draws Interest
Ether ETFs continued their decline for the eighth straight day, with total net outflows reaching $48.54 million. BlackRock’s ETHA once again led the rout, shedding $70.80 million. Fidelity’s FETH lost $8.92 million, and Grayscale’s Ether Mini Trust dropped $8.68 million. However, one fund defied the trend: BlackRock’s ETHB — which offers a staking component — attracted $39.86 million in net inflows. This suggests that yield-seeking investors remain interested in ether exposure through staking, even as broader sentiment for the asset weakens. Trading volume for ether ETFs stood at $1.16 billion, with net assets closing at $11.52 billion.
Solana and XRP: Solana Outflows Resume, XRP Stays Idle
Solana ETFs also faced renewed selling pressure. Net outflows amounted to $7.84 million, entirely attributed to Bitwise’s BSOL fund. Trading volume reached $45.21 million, while net assets declined to $809.62 million. Meanwhile, XRP ETFs recorded zero trading activity on Friday, with net assets unchanged at $933.33 million. The lack of activity underscores a wait-and-see approach from investors, with capital flowing primarily toward Bitcoin and – selectively – toward staking-enabled ether products.
Market Outlook: Uncertainty Lingers as Institutional Sentiment Sours
The week closes on an uncertain footing for crypto ETFs. Bitcoin led the decline with a sharp outflow, ether’s losing streak persisted despite isolated inflows into a staking product, Solana weakened further, and XRP remained sidelined. The pattern is clear: capital is systematically leaving flagship crypto funds, and even the bright spots (like ETHB) are not enough to reverse the broader trend. As the market digests these flows, attention will turn to whether institutional investors continue to redeem or begin rotating into yield-generating products like staking ETFs.