Altcoins Surge 7% While Bitcoin & Ethereum See Outflows

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Weekly Channel Summary

The Digital Asset channel, comprising 39 ETFs from 16 issuers, holds a total AUM of $179.53B. The channel experienced net outflows of ($333M) over the past week, but maintains strong YTD inflows of $40.66B and 1-year inflows of $57.70B.

This Week’s Performance Leaders and Laggards

This week, Altcoin ETFs led performance with a 7.15% WTD gain, though the category shows negative returns for the past month. Bitcoin ETFs followed with a 3.32% WTD return, while Ethereum ETFs lagged the group, posting a 2.42% gain for the week.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Altcoin 7.15% -14.79% -10.00% 18.25%
Bitcoin 3.32% -3.02% -8.12% 15.49% 15.07% 57.63%
Ethereum 2.42% -6.16% 2.62% 115.36% 16.12% 54.95%

Top & Bottom 5 ETFs by Weekly Performance

The week’s top individual performer was the REX-Osprey XRP ETF (XRPR), which gained 8.89%. On the lagging end, the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) and the Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF (ΑΕΤΗ) were nearly flat, returning just 0.06% and 0.07% respectively.

Ticker Fund Name WTD Performance
Top Performers
XRPR REX-Osprey XRP ETF 8.89%
XRPI Volatility Shares Trust XRP ETF 8.82%
SOLZ Solana ETF 6.07%
DOJE REX-Osprey DOGE ETF 6.01%
SSK REX-Osprey SOL + Staking ETF 5.96%
Bottom Performers
BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF 0.06%
ΑΕΤΗ Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF 0.07%
BTOP Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF 0.07%
BTRN Global X Bitcoin Trend Strategy ETF 1.30%
HBTC Fortuna Hedged Bitcoin Fund 1.83%

Analyzing the Weekly Flows

The channel saw net outflows of ($333M) this past week. The Altcoin category was the only one to attract capital, pulling in $43M, bringing its total AUM to $0.93B. These inflows were offset by significant outflows from the Ethereum category, which lost ($362M), while the Bitcoin category saw modest outflows of ($17M).

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Altcoin 5 $0.93B $43M $302M $741M $1,055M $1,055M
Bitcoin 16 $152.20B ($17M) $4,822M $8,056M $27,594M $41,548M
Ethereum 12 $26.16B ($362M) $768M $5,844M $11,864M $14,963M

Top & Bottom 5 ETFs by 5-Day Flow

The ARK 21 Shares Bitcoin ETF (ARKB) led individual fund inflows, gathering $54M. On the other side, major outflows were seen from the Grayscale Bitcoin Trust ETF (GBTC), which shed ($142M), and the iShares Ethereum Trust ETF (ETHA), which saw ($134M) in outflows.

Ticker Fund Name 5-Day Flow
Inflows
ARKB ARK 21 Shares Bitcoin ETF $54M
BITB Bitwise Bitcoin ETF Trust $40M
HODL VanEck Bitcoin ETF $39M
BTC Grayscale Bitcoin Mini Trust ETF $25M
SSK REX-Osprey SOL + Staking ETF $24M
Outflows
GBTC Grayscale Bitcoin Trust ETF ($142M)
ETHA iShares Ethereum Trust ETF ($134M)
FETH Fidelity Ethereum Fund ETF ($126M)
FBTC Fidelity Wise Origin Bitcoin Fund ($73M)
ETHE Grayscale Ethereum Trust ETF ($52M)

Issuer League Table Update

iShares continues to dominate the issuer landscape, holding 58.14% of the channel’s AUM, followed by Grayscale with 17.29%. This week, 21 Shares led all issuers in inflows, gathering $54M, while Grayscale saw the largest outflows at ($205M).

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 2 $104.38B 58.14%
Grayscale 4 $31.03B 17.29%
Fidelity 2 $25.63B 14.28%
Bitwise 5 $5.07B 2.83%
21 Shares 2 $4.78B 2.66%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
21 Shares $54M
REX-Osprey $33M
VanEck $33M
Outflows
Grayscale -$205M
Fidelity -$199M
iShares -$111M

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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.