Weekly Channel Summary
The Crypto ETF channel currently encompasses 60 ETFs across 19 issuers, commanding a total of $104.58B in Assets Under Management (AUM). Over the past five days, the channel experienced net flows of -$355M. Year-to-date (YTD), flows sit at -$1.31B, though the longer-term 1-year flow remains strongly positive at +$33.86B.
This Week’s Performance Leaders and Laggards
It was a challenging week across the digital asset space. The Bitcoin category proved the most resilient, though still posting a week-to-date (WTD) return of -4.89%. The primary laggard was the Altcoin category, dropping -6.85%. Looking at the year-to-date picture, Bitcoin is down -19.90%, Altcoin has fallen -29.01%, and Ethereum trails furthest behind at -30.51% YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | -4.89% | -0.03% | -20.17% | -35.20% | -19.90% | -21.69% |
| Ethereum | -6.61% | 2.75% | -29.64% | -48.38% | -30.51% | 0.20% |
| Altcoin | -6.85% | -1.39% | -29.50% | -57.09% | -29.01% | -46.56% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing product this week was the Global X Bitcoin Trend Strategy ETF (BTRN), gaining 0.48%. Conversely, the deepest losses were seen in the 21shares Polkadot ETF (TDOT) at -15.08% and the Grayscale Sui Staking ETF (GSUI) at -8.82%.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| BTRN | Global X Bitcoin Trend Strategy ETF | 0.48% |
| ORO | Arrow Valtoro ETF | -0.65% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | -2.43% |
| LTCC | Canary Litecoin ETF | -3.23% |
| BTOP | Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF | -3.31% |
| Bottom Performers | ||
| Ticker | Fund Name | WTD Performance |
| TDOT | 21shares Polkadot ETF Shares of Beneficial Interest | -15.08% |
| GSUI | Grayscale Sui Staking ETF | -8.82% |
| SUIS | Canary Staked SUIS ETF | -8.34% |
| TSUI | 21Shares Sui ETF | -8.29% |
| XRPI | Volatility Shares Trust XRP ETF | -8.00% |
Analyzing the Weekly Flows
The channel experienced -$355M in total net outflows this week. The Altcoin category was the rare bright spot for asset gathering, leading with $12M in inflows against its $2.32B AUM. On the other end, Ethereum saw the largest outflows of any category, shedding -$282M over the 5-day period, while Bitcoin also lost ground with -$85M in outflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 30 | $2.32B | $12M | $94M | $502M | $387M | $3,740M |
| Bitcoin | 18 | $90.74B | -$85M | $1,266M | -$560M | -$650M | $21,116M |
| Ethereum | 12 | $11.52B | -$282M | -$311M | -$1,035M | -$1,047M | $9,005M |
Top & Bottom 5 ETFs by 5-Day Flow
The Fidelity Wise Origin Bitcoin Fund (FBTC) took the top spot for inflows, capturing $71M. On the outflow side, the iShares Ethereum Trust ETF (ETHA) suffered the most significant redemptions at -$246M, followed by the Grayscale Bitcoin Trust ETF (GBTC) which lost -$51M.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| FBTC | Fidelity Wise Origin Bitcoin Fund | $71M |
| BITO | ProShares Bitcoin ETF | $5M |
| GSUI | Grayscale Sui Staking ETF | $5M |
| FETH | Fidelity Ethereum Fund ETF | $4M |
| BSOL | Bitwise Solana Staking ETF | $3M |
| Outflows | ||
| Ticker | Fund Name | 5-Day Flow |
| ETHA | iShares Ethereum Trust ETF | -$246M |
| GBTC | Grayscale Bitcoin Trust ETF | -$51M |
| BITB | Bitwise Bitcoin ETF Trust | -$50M |
| ARKB | ARK 21 Shares Bitcoin ETF | -$45M |
| ETHE | Grayscale Ethereum Staking ETF | -$18M |
Issuer League Table Update
iShares and Grayscale remain the dominant forces in the digital asset space, commanding 57.08% and 16.96% market share, respectively. This week, Fidelity gathered the most in new assets with $75M in inflows. Conversely, top issuer iShares experienced the most significant outflows, seeing -$142M leave its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 3 | $60.38B | 57.08% |
| Grayscale | 10 | $17.94B | 16.96% |
| Fidelity | 3 | $14.59B | 13.80% |
| Bitwise | 10 | $4.40B | 4.16% |
| 21 Shares | 9 | $2.57B | 2.43% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| Fidelity | $75M |
| ProShares | $5M |
| Hashdex | $1M |
| Outflows | |
| Brand | 5-Day Flow |
| iShares | -$142M |
| Grayscale | -$86M |
| Bitwise | -$55M |
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.
