Crypto ETF Weekly Recap: $1.59B Exits the Channel While Altcoins Defy the Trend

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Weekly Channel Summary

The Crypto ETF Channel currently oversees an aggregate AUM of $110.45 billion, distributed across 69 distinct product offerings from 22 active issuers. The channel experienced significant net redemptions this week, recording a 5-Day Flow of -$1,593M. This near-term capital flight has pushed the aggregate YTD Flow to -$1,515M, though the long-term trend remains firmly positive with a 1-Year Flow of +$24,345M.

This Week’s Performance Leaders and Laggards

Performance across digital asset classifications was universally negative this week. The Altcoin category proved the most resilient, slipping -2.04%, while the Bitcoin category anchored the bottom with a broader decline of -2.87%. Looking at the year-to-date picture, all major categories remain deeply in the red, with Altcoin and Ethereum trailing the pack at -28.15% and -30.37%, respectively.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Altcoin -2.04% -1.12% 0.36% -38.73% -28.15% -50.49%
Ethereum -2.76% -10.59% 3.53% -32.48% -30.37% -21.80%
Bitcoin -2.87% -3.78% 9.55% -16.07% -12.80% -27.89%

Top & Bottom 5 ETFs by Weekly Performance

At the fund level, the Volatility Shares Stellar ETF (STLR) was an extreme outlier, surging 66.49% for the week. Conversely, the Canary Staked SUIS ETF (SUIS) and the 21Shares Sui ETF (TSUI) faced heavy selling pressure, plunging -15.10% and -15.02%, respectively.

Top 5 Performing ETFs
Ticker Fund Name WTD Performance
STLR Volatility Shares Stellar ETF 66.49%
HBR Canary HBAR ETF 3.88%
TCAN 21Shares Canton Network ETF 0.91%
ORO Arrow Valtoro ETF 0.20%
BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF 0.04%
Bottom 5 Performing ETFs
Ticker Fund Name WTD Performance
SUIS Canary Staked SUIS ETF -15.10%
TSUI 21Shares Sui ETF -15.02%
GSUI Grayscale Sui Staking ETF -14.34%
TDOT 21shares Polkadot ETF Shares of Beneficial Interest -6.61%
CLNK Bitwise Chainlink ETF Beneficial Interest -5.33%

Analyzing the Weekly Flows

As noted, total net flows recorded an aggregate drawdown of -$1.59 billion. Against this tide, the Altcoin category generated the highest inflows, taking in +$36M against its $2.61B AUM base. In contrast, the much larger Bitcoin category sustained the vast majority of the channel’s outflows, bleeding -$1,399M.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Altcoin 36 $2.61B +$36M +$248M +$478M +$771M +$4,098M
Ethereum 13 $11.40B -$230M -$636M -$257M -$993M +$8,591M
Bitcoin 20 $96.44B -$1,399M -$2,529M +$746M -$1,170M +$11,656M

Top & Bottom 5 ETFs by 5-Day Flow

Pacing the inflow leaderboards was the Franklin XRP ETF (XRPZ), capturing +$9M. Conversely, the largest outflows were concentrated heavily within the flagship Bitcoin trackers; the iShares Bitcoin Trust ETF (IBIT) saw an exodus of -$967M, followed closely by the Fidelity Wise Origin Bitcoin Fund (FBTC) with -$173M in net redemptions.

Top 5 ETFs by Inflows
Ticker Fund Name 5-Day Flow
XRPZ Franklin XRP ETF +$9M
MSBT Morgan Stanley Bitcoin Trust ETF +$4M
ETHB iShares Staked Ethereum Trust ETF +$3M
BITO ProShares Bitcoin ETF +$3M
XRPC Canary XRP ETF +$2M
Bottom 5 ETFs by Outflows
Ticker Fund Name 5-Day Flow
IBIT iShares Bitcoin Trust ETF -$967M
FBTC Fidelity Wise Origin Bitcoin Fund -$173M
GBTC Grayscale Bitcoin Trust ETF -$172M
ETHA iShares Ethereum Trust ETF -$153M
BITB Bitwise Bitcoin ETF Trust -$46M

Issuer League Table Update

iShares and Grayscale continue to dominate the top of the issuer league tables, controlling 57.98% and 16.43% of the crypto AUM market share, respectively. This week, however, iShares felt the heavy brunt of the channel’s outflows, shedding -$1,117M. Navigating against the current, Franklin gathered the highest weekly net inflows among issuers, taking in +$9M.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 3 $64.62B 57.98%
Grayscale 10 $18.32B 16.43%
Fidelity 3 $14.72B 13.21%
Bitwise 11 $4.77B 4.28%
21 Shares 12 $2.68B 2.41%

Top & Bottom 3 Issuers by 5-Day Flow

Top 3 Issuers by Inflows
Brand 5-Day Flow
Franklin +$9M
Morgan Stanley +$4M
ProShares +$3M
Bottom 3 Issuers by Outflows
Brand 5-Day Flow
iShares -$1,117M
Grayscale -$248M
Fidelity -$183M

For a deeper dive into these trends, access our FREE, in-depth Crypto ETF reports in the right side panel of this page.

Disclosures

This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.

This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.