Spot Bitcoin ETFs see second-largest outflow, Ether ETFs end 20-day streak

Key Points

1. Bitcoin ETFs saw $812.25 million in net outflows, led by Fidelity's FBTC ($331.42 million) and ARK Invest's ARKB ($327.93 million), reducing cumulative net inflows to $54.18 billion.

2. Total assets under management for Bitcoin ETFs dropped to $146.48 billion, representing 6.46% of Bitcoin's market capitalization.

3. Ether ETFs ended a 20-day inflow streak with $152.26 million in outflows, with Grayscale's ETHE leading losses at $47.68 million.

4. BlackRock's IBIT and ETHA showed relative stability, with minor losses ($2.58 million) and no inflows/outflows, respectively.

5. Trading volumes remained active, with $6.13 billion exchanged for Bitcoin ETFs and $2.26 billion for Ether ETFs, indicating continued market interest despite outflows.