Weekly Channel Summary
The Digital Asset ETF channel comprises 83 ETFs across 22 brands, managing approximately $119 billion in total assets. This week saw significant net outflows, with the channel shedding -$1.67 billion over the past five days. Despite the recent pressure, year-to-date flows remain slightly positive at $0.15 billion, while 1-year flows show a robust $28.04 billion in net new money.
This Week’s Performance Leaders and Laggards
All cryptocurrency categories experienced negative returns this week, but Bitcoin held up the best, declining -3.80% week-to-date. In contrast, Ethereum was the primary laggard, dropping -6.17%. Looking at the year-to-date picture, Bitcoin is down -10.35%, while both Altcoin and Ethereum are suffering deeper drawdowns of -26.29% and -28.46%, respectively.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Bitcoin | -3.80% | -3.96% | 9.69% | -8.25% | -10.35% | -30.13% |
| Altcoin | -5.66% | -1.76% | -0.23% | -31.70% | -26.29% | -54.42% |
| Ethereum | -6.17% | -13.44% | 4.35% | -23.31% | -28.46% | -21.81% |
Top & Bottom 5 ETFs by Weekly Performance
On an individual ETF level, the DIME (CoinShares Altcoins ETF) bucked the trend to lead the pack with a solid 6.64% week-to-date return. Conversely, dog-themed tokens struggled heavily, with GDOG (Grayscale Dogecoin Trust ETF) and BWOW (Bitwise Dogecoin ETF) registering as the two worst performers, dropping -8.52% and -8.46% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| DIME | CoinShares Altcoins ETF | 6.64% |
| AETH | Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF | 0.06% |
| ORO | Arrow Valtoro ETF | -1.85% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | -2.86% |
| TDOT | 21shares Polkadot ETF Shares of Beneficial Interest | -2.92% |
| Bottom Performers | ||
| GDOG | Grayscale Dogecoin Trust ETF Accred Inv | -8.52% |
| BWOW | Bitwise Dogecoin ETF | -8.46% |
| TDOG | 21Shares Dogecoin ETF | -8.46% |
| EETH | ProShares Ether ETF | -7.34% |
| DOJE | REX-Osprey DOGE ETF | -7.21% |
Analyzing the Weekly Flows
The channel experienced total net outflows of -$1.74 billion this week. The Altcoin category was the lone bright spot for asset gathering, taking in $22 million and bringing its total AUM to $2.74 billion. Bitcoin bore the brunt of the selling pressure, suffering the largest outflows at -$1.49 billion, while Ethereum also saw notable redemptions totaling -$276 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 35 | $2.74B | $22M | $236M | $510M | $731M | $4,069M |
| Ethereum | 13 | $12.28B | -$276M | -$434M | $95M | -$762M | $9,113M |
| Bitcoin | 20 | $102.98B | -$1,487M | -$884M | $3,006M | $229M | $14,995M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, XRP (Bitwise XRP ETF) topped the inflows list, gathering $9 million over the past five days. On the outflow side, IBIT (iShares Bitcoin Trust ETF) and ETHA (iShares Ethereum Trust ETF) saw the heaviest redemptions, losing -$1,075 million and -$234 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| XRP | Bitwise XRP ETF | $9M |
| XRPC | Canary XRP ETF | $8M |
| ETHB | iShares Staked Ethereum Trust ETF | $6M |
| XRPZ | Franklin XRP ETF | $3M |
| ETHW | Bitwise Ethereum ETF | $3M |
| Outflows | ||
| IBIT | iShares Bitcoin Trust ETF | -$1,075M |
| ETHA | iShares Ethereum Trust ETF | -$234M |
| ARKB | ARK 21 Shares Bitcoin ETF | -$159M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -$115M |
| BITO | ProShares Bitcoin ETF | -$45M |
Issuer League Table Update
The Digital Asset space remains highly concentrated, with iShares dominating the market at a 58.34% share, followed by Grayscale at 16.54%. Despite the challenging week across the broader landscape, Bitwise led all issuers in asset gathering with $18 million in net inflows. On the other end of the spectrum, market leader iShares experienced the largest outflows, shedding -$1.3 billion over the last five days.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 3 | $69.43B | 58.34% |
| Grayscale | 10 | $19.68B | 16.54% |
| Fidelity | 3 | $15.42B | 12.96% |
| Bitwise | 11 | $5.04B | 4.24% |
| 21 Shares | 12 | $2.85B | 2.39% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Bitwise | $18M |
| Canary | $9M |
| Hashdex | $2M |
| Outflows | |
| iShares | -$1,304M |
| Fidelity | -$146M |
| 21 Shares | -$121M |
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.
