Crypto Recap: $481M in Weekly Flows Driven by Ethereum Demand

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Weekly Channel Summary

The Digital Asset channel closed the week with $144.04B in assets under management across 63 ETFs and 19 issuers. The space gathered $481M in net inflows for the week, pushing year-to-date flows to $52M. Over the past year, the channel has accumulated $34.62B in net inflows.

This Week’s Performance Leaders and Laggards

Altcoin led the way this week with a return of 3.25%, significantly outperforming the broader group. Ethereum lagged, posting a decline of -1.32%. Year-to-date, Altcoin remains the leader with a 12.36% gain, while Ethereum is up 3.19%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Altcoin 3.25% -3.86% -34.13% -19.13% 12.36%
Bitcoin 0.45% -3.01% -23.48% -18.26% 2.76% -4.38%
Ethereum -1.32% -7.98% -27.94% 9.72% 3.19% -5.66%

Top & Bottom 5 ETFs by Weekly Performance

The CoinShares Altcoins ETF (DIME) was the week’s standout performer, gaining 7.59%. On the downside, the ProShares Ether ETF (EETH) and the Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF (AETH) struggled, falling -1.97% and -1.95% respectively.

Ticker Fund Name WTD Performance
Top Performers
DIME CoinShares Altcoins ETF 7.59%
XRPR REX-Osprey XRP ETF 7.43%
SSK REX-Osprey SOL + Staking ETF 5.48%
GXRP Grayscale XRP Trust ETF 5.29%
XRPI Volatility Shares Trust XRP ETF 5.05%
Bottom Performers
EETH ProShares Ether ETF -1.97%
AETH Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF -1.95%
ETHE Grayscale Ethereum Staking ETF -1.53%
ETH Grayscale Ethereum Staking Mini ETF -1.50%
QETH Invesco Galaxy Ethereum ETF -1.48%

Analyzing the Weekly Flows

The channel saw $481M in net inflows this week. Ethereum attracted the most capital, pulling in $220M (AUM $19.07B), while Bitcoin also saw significant demand with $187M in inflows. No major category experienced net outflows this week, as Altcoin also contributed positive flows.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Ethereum 12 $19.07B $220M ($347M) ($2,516M) $149M $9,917M
Bitcoin 18 $120.38B $187M ($783M) ($5,294M) ($156M) $21,232M
Altcoin 23 $3.32B $88M $487M $2,517M $90M $3,484M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares Bitcoin Trust ETF (IBIT) dominated inflows, gathering $565M. Conversely, the Fidelity Wise Origin Bitcoin Fund (FBTC) and the Grayscale Bitcoin Trust ETF (GBTC) saw the largest exits, shedding $401M and $156M respectively.

Ticker Fund Name 5-Day Flow
Inflows
IBIT iShares Bitcoin Trust ETF $565M
ETHA iShares Ethereum Trust ETF $235M
BITO ProShares Bitcoin ETF $161M
BITB Bitwise Bitcoin ETF Trust $44M
XRPZ Franklin XRP ETF $30M
Outflows
FBTC Fidelity Wise Origin Bitcoin Fund ($401M)
GBTC Grayscale Bitcoin Trust ETF ($156M)
ETHE Grayscale Ethereum Staking ETF ($82M)
ARKB ARK 21 Shares Bitcoin ETF ($39M)
TOXR 21 Shares XRP ETF Beneficial INT SH ($37M)

Issuer League Table Update

iShares retains the top spot with 56.49% market share and also led weekly inflows, gathering $800M. Fidelity, the third-largest issuer, experienced the heaviest outflows, losing $399M.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 2 $81.37B 56.49%
Grayscale 8 $24.74B 17.17%
Fidelity 3 $20.51B 14.24%
Bitwise 9 $6.05B 4.20%
21 Shares 6 $3.68B 2.55%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $800M
ProShares $182M
Bitwise $111M
Outflows
Fidelity ($399M)
Grayscale ($206M)
21 Shares ($74M)

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.