Key Takeaways
- • U.S. spot bitcoin ETFs recorded $65.40 million in net outflows on Monday, with the entire withdrawal coming from BlackRock's IBIT while every other bitcoin fund was flat.
- • Ether ETFs lost $85.40 million, extending their outflow streak to 10 consecutive trading sessions; BlackRock's ETHA accounted for $75.07 million of the decline.
- • Ether ETFs shed roughly $542 million last week, their heaviest weekly withdrawal since January, according to the source article.
- • Solana ETFs posted a sixth straight session of outflows, with VanEck's VSOL responsible for the $699,830 decline and net assets at $1.72 billion.
- • Bitwise's NRR attracted $3.98 million, lifting net assets to $81.67 million, making NEAR the notable exception to the broader crypto ETF outflow trend.
Summary
U.S. crypto exchange-traded funds began the week under renewed pressure as institutional investors continued to reduce exposure to major digital assets. Bitcoin ETFs recorded $65.40 million in net outflows on Monday, with the entire withdrawal coming from BlackRock's IBIT. Trading value reached $1.23 billion, and net assets closed at $106.06 billion. The source notes that Monday's selling was markedly narrower than the prior week's $681 million bitcoin ETF outflow, which was spread across several major issuers led by Fidelity and Ark & 21Shares, suggesting a possible shift from broad de-risking toward more selective portfolio adjustments.
Ether ETFs remained the clearest area of sustained withdrawals. Ether funds lost another $85.40 million, extending their outflow streak to 10 trading days. BlackRock's ETHA accounted for $75.07 million of the decline, while Grayscale's Ether Mini Trust shed $10.33 million. Trading activity totaled $634 million, with net assets ending at $15.86 billion. Ether ETFs lost roughly $542 million the prior week, their heaviest weekly withdrawal since January. The concentration of selling in the largest, most liquid vehicles, including both ETHA and IBIT, mirrors the pattern seen in bitcoin.
Other digital-asset products also saw pressure. Solana ETFs slipped by $699,830, entirely through VanEck's VSOL, marking six consecutive sessions of outflows after a 14-week inflow streak ended the prior week. Net assets fell to $1.72 billion. HYPE ETFs lost $2.35 million through Bitwise's BHYP, and Zcash ETFs shed $1.66 million from Grayscale's ZCSH. XRP ETFs recorded no net flows.
NEAR was the exception to the trend. Bitwise's NRR attracted another $3.98 million, lifting net assets to $81.67 million, and has drawn capital across several sessions when larger crypto ETF categories were losing money. The source suggests this may reflect fresh-product demand and investor interest in more targeted exposure.
According to the source, Monday's data points to a market still working through the prior week's de-risking cycle. Bitcoin selling has narrowed, which could signal early stabilization, while ether and solana remain more persistent concerns. The next indicator will be whether bitcoin ETF demand broadens again. Institutional positioning, in the source's characterization, remains defensive, selective, and increasingly concentrated.
Ether ETFs remained the clearest area of sustained withdrawals. Ether funds lost another $85.40 million, extending their outflow streak to 10 trading days. BlackRock's ETHA accounted for $75.07 million of the decline, while Grayscale's Ether Mini Trust shed $10.33 million. Trading activity totaled $634 million, with net assets ending at $15.86 billion. Ether ETFs lost roughly $542 million the prior week, their heaviest weekly withdrawal since January. The concentration of selling in the largest, most liquid vehicles, including both ETHA and IBIT, mirrors the pattern seen in bitcoin.
Other digital-asset products also saw pressure. Solana ETFs slipped by $699,830, entirely through VanEck's VSOL, marking six consecutive sessions of outflows after a 14-week inflow streak ended the prior week. Net assets fell to $1.72 billion. HYPE ETFs lost $2.35 million through Bitwise's BHYP, and Zcash ETFs shed $1.66 million from Grayscale's ZCSH. XRP ETFs recorded no net flows.
NEAR was the exception to the trend. Bitwise's NRR attracted another $3.98 million, lifting net assets to $81.67 million, and has drawn capital across several sessions when larger crypto ETF categories were losing money. The source suggests this may reflect fresh-product demand and investor interest in more targeted exposure.
According to the source, Monday's data points to a market still working through the prior week's de-risking cycle. Bitcoin selling has narrowed, which could signal early stabilization, while ether and solana remain more persistent concerns. The next indicator will be whether bitcoin ETF demand broadens again. Institutional positioning, in the source's characterization, remains defensive, selective, and increasingly concentrated.
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