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Cryptocurrency News Articles
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) are setting for a fourth straight week of outflows as investors continue to pull back
Mar 05, 2025 at 05:47 pm
After three straight weeks of outflows totaling nearly $4 billion, BTC funds remain on track for a fourth week of exits, though at a slower pace than last week's $2.61 billion drain.
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) are set for a fourth straight week of outflows as investors continue to pull back.
According to SoSoValue, Bitcoin ETFs faced another day of losses, recording $143.43 million in net outflows on Friday.
After three weeks of outflows totaling nearly $4 billion, BTC funds are remaining on track for a fourth week of exits, albeit at a slower pace than last week’s $2.61 billion drain.
Only Grayscale's Bitcoin Mini Trust (OTCMKTS:GBIM) brought in any gains, with a modest $35.77 million.
Launched six months after other funds, the fund has performed well, attracting $1.09 billion in cumulative net inflows.
Leading the outflows, Fidelity's Wise Origin Bitcoin Fund (FBTC) shed $46.08 million. Despite the setback, it remains the second-best performer by cumulative inflows and net assets, standing at $11.72 billion and $17.59 billion, respectively.
ARK 21Shares Bitcoin ETF (ARKB) posted $43.92 million in net outflows, while Franklin Templeton's Digital Holdings Trust (EZBC) followed with $35.71 million in exits.
Among smaller losses, Bitwise Bitcoin ETF (BITB) saw $23.96 million in outflows, Invesco Galaxy Bitcoin ETF (BTCO) lost $16.47 million, and WisdomTree Bitcoin Trust (BTCW) recorded $13.07 million in exits.
Ethereum ETFs break outflow streak with $14.58 million in net inflows
In a reversal of recent trends, Ethereum ETFs broke an eight-day outflow streak on Friday, recording $14.58 million in net inflows, according to SoSoValue.
ETH funds have been modestly outperforming BTC funds in recent weeks.
Leading the inflows, Fidelity's FETH added $21.67 million. With $1.51 billion in cumulative net inflows, FETH ranks second overall and fourth by net assets at $980.71 million.
Grayscale Ethereum Trust (ETHE) also ended a prolonged outflow streak, marking just its fourth-ever day of net inflows with $10.71 million. However, it remains the worst-performing Ethereum ETF, with $4.06 billion in cumulative net outflows.
Meanwhile, Grayscale Ethereum Mini Trust posted $8.46 million in inflows, its first notable gain after a month of negligible or negative flows.
BlackRock's iShares Ethereum Trust (ETHA), the top performer by cumulative net inflows and assets, continued its losing streak with $26.27 million in net outflows.
ETHA has not seen a day of inflows since February 13, tallying $216.42 million in net outflows over that period.
Despite this, it remains dominant, with $4.23 billion in cumulative net inflows and $2.76 billion in net assets.
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- Two Major Developments in Blockchain Technology Have Highlighted the Evolving Commitment of Key Players to Both Scalability and Futureproofing
- Apr 12, 2025 at 01:50 pm
- Two major developments in blockchain technology have highlighted the evolving commitment of key players to both scalability and futureproofing, with Exaion enhancing the Tezos ecosystem and Sui preparing for quantum computing threats. These moves underscore a broader industry trend of reinforcing infrastructure and security to meet emerging digital demands. By CoinDesk.
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- Bitunix Expands Its Proof of Reserves Assets from $80 Million to Over $130 Million Marking a 60% Increase
- Apr 12, 2025 at 01:50 pm
- According to the recent update on April 1st 2025, in recent months, Bitunix's Proof of Reserves assets have grown significantly from $80 million to over $130 million marking a 60% increase.
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- Best Bitcoin (BTC) Options Trading Platforms in 2025
- Apr 12, 2025 at 01:45 pm
- Growing popularity and attractive returns have given a boost to Bitcoin options trading in recent years. Investors who want high returns with relatively small capital are using crypto options trading to achieve their investment goals.
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- 5x Rally in Sight for Ethereum (ETH) as Supply on Exchanges Hits a Decade Low, But This Crypto Could Bring a 10x Bigger ROI
- Apr 12, 2025 at 01:35 pm
- Ethereum's exchange reserves have plummeted to 8.97 million ETH, marking the lowest level since November 2015. This 16.4% drop since January signals a potential supply squeeze
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