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ARK Leads Bitcoin ETF $283M Selloff as XRP Funds Add $5.14M

Key Takeaways

Bitcoin Funds Extend 3-Day Outflow Streak to $449 Million

The week’s pressure on bitcoin ETFs intensified on Thursday, with redemptions spreading across nearly every major issuer.

Six funds finished the session in negative territory. Ark & 21Shares’ ARKB led the exits with $164.32 million, followed by Grayscale’s GBTC with $36.38 million and Fidelity’s FBTC with $33.55 million.

Blackrock’s IBIT lost $24.46 million, Vaneck’s HODL shed $15.27 million, and Bitwise’s BITB recorded a $12.56 million outflow. Morgan Stanley’s MSBT brought in $3.98 million, offering only a small offset. Daily trading value reached $1.70 billion, while net assets fell to $97.49 billion.

With one session left in the week, bitcoin ETF outflows have now reached $449.44 million. The decline comes as bitcoin’s price hovers near $77,000, keeping institutional demand under scrutiny.

Bitcoin ETFs have seen three days of straight outflows this week. Source: Sosovalue

Ether Slips Back Into Redemptions

Ether ETFs also turned lower, recording $29.76 million in net outflows.

Fidelity’s FETH led with $25.15 million in exits. Blackrock’s ETHA lost $18.59 million, while Grayscale’s ETHE shed $7.72 million.

Some capital still entered the category. Blackrock’s ETHB attracted $13.95 million, and Grayscale’s Ether Mini Trust added $7.75 million. Trading activity reached $773.37 million, with net assets closing at $15.60 billion.

XRP Keeps Its Inflow Streak Alive

XRP ETFs provided the day’s only positive reading, adding $5.14 million.

The entire inflow went into Franklin’s XRPZ. Total trading value reached $25.63 million, while net assets closed at $1.45 billion. The steady demand for XRP ETFs stands out in a softer crypto ETF tape and XRP’s price dipping about 7% within the past seven days.

Solana ETFs recorded a modest $482,550 outflow. Fidelity’s FSOL brought in $888,410, though a $1.37 million exit from Bitwise’s BSOL pushed the category into negative territory. Trading value reached $42.50 million, while net assets finished at $1.39 billion.

HYPE ETFs saw no net flows for the day, with net assets closing at $437.01 million.

Thursday’s data leaves bitcoin as the clear source of pressure heading into the final week session, while XRP continues to show the strongest near-term flow resilience.

Credit: Source link

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