Weekly Channel Summary
The Crypto ETF channel encompasses 70 ETFs and 19 issuers, managing a combined Assets Under Management (AUM) of $103.14B. For the week, the channel attracted net positive flows of $1.06B. While the Year-to-Date (YTD) flow remains negative at ($2.45B), the long-term 1-Year trajectory highlights immense growth with total inflows of $31.38B.
This Week’s Performance Leaders and Laggards
The digital asset landscape faced widespread headwinds this week. Ethereum was the strongest performing core category, though it still declined -1.97% for the week, pushing its YTD return down to -32.47%. The Altcoin category operated as the primary laggard, shedding -4.29% WTD to bring its YTD deficit to -28.02%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Ethereum | -1.97% | -26.05% | -34.54% | -53.67% | -32.47% | -11.38% |
| Bitcoin | -2.70% | -17.29% | -22.95% | -35.49% | -20.08% | -20.08% |
| Altcoin | -4.29% | -23.64% | -38.62% | -58.43% | -28.02% | N/A |
Top & Bottom 5 ETFs by Weekly Performance
On a fund-specific level, the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) eked out a slightly positive return of 0.05% to lead the pack. Dogecoin-themed ETFs dominated the downside, with the Bitwise Dogecoin ETF (BWOW) and the 21Shares Dogecoin ETF (TDOG) tying for the worst weekly performance, both dropping -7.39%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BTOP | Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF | 0.05% |
| BITC | Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF | 0.05% |
| AETH | Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF | 0.05% |
| BTRN | Global X Bitcoin Trend Strategy ETF | 0.04% |
| HBR | Canary HBAR ETF | -0.35% |
| Bottom Performers | ||
| BWOW | Bitwise Dogecoin ETF | -7.39% |
| TDOG | 21Shares Dogecoin ETF | -7.39% |
| GDOG | Grayscale Dogecoin Trust ETF Accred Inv | -7.35% |
| DOJE | REX-Osprey DOGE ETF | -6.51% |
| GSUI | Grayscale Sui Staking ETF | -6.09% |
Analyzing the Weekly Flows
The broader Crypto ETF channel brought in a healthy $1.06B over the last five days, signaling persistent investor demand despite a weak performance week. Bitcoin was the dominant destination for capital, drawing $884M in net inflows on its massive $88.30B base. Ethereum also saw notable buying pressure with $122M in inflows. Encouragingly, there were no structural category outflows among the primary digital asset groupings this week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Bitcoin | 18 | $88.30B | $884M | ($1,740M) | ($2,374M) | ($1,894M) | $19,067M |
| Ethereum | 12 | $11.72B | $122M | ($758M) | ($1,121M) | ($736M) | $8,780M |
| Altcoin | 27 | $2.27B | $58M | $103M | $1,013M | $278M | $3,634M |
Top & Bottom 5 ETFs by 5-Day Flow
Looking at specific products, the iShares Bitcoin Trust ETF (IBIT) was the unrivaled flow leader, capturing an impressive $600M over the past 5 days. Conversely, the ProShares Bitcoin ETF (BITO) and the Bitwise 10 Crypto Index ETF (BITW) experienced the most significant outflows, bleeding ($20M) and ($7M), respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBIT | iShares Bitcoin Trust ETF | $600M |
| GBTC | Grayscale Bitcoin Trust ETF | $89M |
| BITB | Bitwise Bitcoin ETF Trust | $68M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $57M |
| BSOL | Bitwise Solana Staking ETF | $41M |
| Outflows | ||
| BITO | ProShares Bitcoin ETF | ($20M) |
| BITW | Bitwise 10 Crypto Index ETF | ($7M) |
| XRPI | Volatility Shares Trust XRP ETF | ($2M) |
| QETH | Invesco Galaxy Ethereum ETF | ($2M) |
| EETH | ProShares Ether ETF | ($1M) |
Issuer League Table Update
iShares and Grayscale remain the indisputable market leaders, controlling a combined 73.46% of total category assets. This week, iShares further cemented its lead by gathering the most inflows ($603M) across the ecosystem. In contrast, ProShares endured the largest net outflows among major issuers, shedding ($22M).
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $58.08B | 56.30% |
| Grayscale | 9 | $17.70B | 17.16% |
| Fidelity | 3 | $14.44B | 13.99% |
| Bitwise | 10 | $4.41B | 4.27% |
| 21 Shares | 8 | $2.62B | 2.54% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $603M |
| Grayscale | $204M |
| Bitwise | $112M |
| Outflows | |
| ProShares | -$22M |
| Volatility Shares | -$3M |
| Invesco | -$2M |
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.
