Buyers Return as Relief Rally Lifts Bitcoin and Altcoins

Share

Weekly Channel Summary

The Digital Asset channel continues to evolve, currently comprising 56 ETFs across 18 issuers with a total AUM of $142B. The channel experienced positive momentum this week, gathering $870M in net inflows. Year-to-date, investor interest remains robust with $36.63B in net inflows, contributing to a substantial $44.10B accumulated over the past year.

This Week’s Performance Leaders and Laggards

Crypto assets saw broad-based gains this week, with Ethereum leading the charge, posting a Week-to-Date (WTD) return of 10.75%. The Altcoin category also performed well, up 9.37%. Bitcoin trailed slightly but still delivered a solid 6.98% return. Despite the strong weekly action, year-to-date performance figures remain mixed, with Ethereum and Bitcoin showing negative returns in the summary data.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Ethereum 10.75% -19.38% -29.48% 16.10% -8.33% -13.81%
Altcoin 9.37% -21.10% -31.04% -15.70%
Bitcoin 6.98% -3.93% -14.45% -15.31% -12.98%

Top & Bottom 5 ETFs by Weekly Performance

The best-performing fund of the week was the XRPR (REX-Osprey XRP ETF), surging 14.03%. On the downside, the BITC (Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF) and AETH (Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF) lagged significantly with returns near zero.

Ticker Fund Name WTD Performance
Top Performers
XRPR REX-Osprey XRP ETF 14.03%
ESK REX-Osprey ETH + Staking ETF 12.45%
HBR Canary HBAR ETF 11.96%
ETH Grayscale Ethereum Mini Trust ETF 11.83%
FETH Fidelity Ethereum Fund ETF 11.77%
Bottom Performers
LTCC Canary Litecoin ETF 3.02%
ORO Arrow Valtoro ETF 2.04%
BTOP Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF 0.06%
AETH Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF 0.06%
BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF 0.05%

Analyzing the Weekly Flows

The channel attracted a total of $648M in net inflows this week. Bitcoin funds led the way, bringing in $302M with a total category AUM of $120.04B. Ethereum also saw significant demand with $244M in inflows. No major category experienced net outflows this week.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Bitcoin 17 $120.04B $302M ($4,259M) $3,984M $23,576M $28,584M
Ethereum 12 $18.96B $244M ($1,634M) ($754M) $10,273M $12,731M
Altcoin 9 $1.51B $100M $590M $1,382M $1,872M $1,872M

Top & Bottom 5 ETFs by 5-Day Flow

The FBTC (Fidelity Wise Origin Bitcoin Fund) was the top asset gatherer this week, securing $261M in inflows. Conversely, the IBIT (iShares Bitcoin Trust ETF) and EETH (ProShares Ether ETF) saw the heaviest outflows.

Ticker Fund Name 5-Day Flow
Inflows
FBTC Fidelity Wise Origin Bitcoin Fund $261M
FETH Fidelity Ethereum Fund ETF $141M
ETHA iShares Ethereum Trust ETF $135M
BTC Grayscale Bitcoin Mini Trust ETF $85M
BSOL Bitwise Solana Staking ETF $84M
Outflows
IBIT iShares Bitcoin Trust ETF ($145M)
EETH ProShares Ether ETF ($48M)
ARKB ARK 21 Shares Bitcoin ETF ($43M)
HODL VanEck Bitcoin ETF ($29M)
ETHE Grayscale Ethereum Trust ETF ($23M)

Issuer League Table Update

iShares continues to dominate the landscape with over 57% of total assets, followed by Grayscale at 17.44%. In terms of flows, Fidelity was the top gatherer this week with significant inflows, while 21 Shares saw the largest outflows among the top issuers.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 2 $80.89B 57.16%
Grayscale 7 $24.68B 17.44%
Fidelity 3 $20.17B 14.25%
Bitwise 7 $4.80B 3.39%
21 Shares 5 $3.62B 2.56%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Fidelity $402M
Grayscale $267M
Bitwise $153M
Outflows
21 Shares ($69M)
VanEck ($24M)
REX-Osprey ($21M)

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.