BlackRock’s iShares Bitcoin Trust, the largest spot bitcoin ETF by net assets, recorded roughly $95.5 million in net outflows for the week. On Thursday alone, BlackRock’s IBIT led the bitcoin retreat with a $202.48 million withdrawal, representing about 90% of the category’s total net outflow that day. Bitwise’s BITB lost $7.03 million, Fidelity’s FBTC recorded a $5.64 million exit, Franklin Templeton’s EZBC shed $5.61 million, and ARK 21Shares’ ARKB posted $4.30 million in outflows. Morgan Stanley’s MSBT was the only bitcoin fund to attract fresh capital, adding $5.01 million. Combined net assets across bitcoin ETFs closed at $78.82 billion, down from $80.36 billion a day earlier.
While bitcoin funds struggled to hold early-week gains, spot ether ETFs attracted $103.9 million in net inflows for the week, more than three times the bitcoin funds’ total, and outperformed them for a second consecutive week. The ether inflow run extended to a fifth straight session on Thursday, when the funds added $26.32 million even as bitcoin ETFs bled $225.18 million. Fidelity’s FETH led that day with a $14.93 million addition, BlackRock’s ETHA brought in $8.49 million, and no ether fund reported a net outflow.