Crypto ETFs Soar During Government Shutdown

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Weekly Channel Summary

The Digital Asset channel continued its strong trajectory this week, with total Assets Under Management (AUM) reaching $196 billion across 38 ETFs from 16 different issuers. The channel saw significant inflows of $2.82 billion over the past week, contributing to a robust Year-to-Date (YTD) flow of $37.36 billion. Over the past year, the channel has attracted an impressive $57.32 billion in new assets, reflecting sustained investor interest in the cryptocurrency space.

This Week’s Performance Leaders and Laggards

It was a strong week for digital assets, with all categories posting significant gains. The Digital Asset: Cryptocurrency – Altcoin category led the charge with a notable 13.94% Week-to-Date (WTD) return. Even the week’s primary lagging category, Multicoin, posted a solid gain of 10.43% WTD, contributing to its healthy 24.01% return Year-to-Date.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Digital Asset: Cryptocurrency – Altcoin 13.94% 8.12% 38.66% 88.66%
Bitcoin 11.23% 8.27% 9.95% 44.35% 27.71% 95.32%
Ethereum 11.15% 0.28% 70.40% 144.43% 33.40% 91.59%
Multicoin 10.43% 4.48% 26.05% 70.71% 24.01% 79.29%

Top & Bottom 5 ETFs by Weekly Performance

The best-performing individual fund this week was the REX-Osprey SOL + Staking ETF (SSK), which surged an impressive 18.48%. On the other end, the Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF (AETH) was the primary laggard with a minimal gain of 0.06%, followed closely by the Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (BTOP) which returned 0.92%.

Top Performers
SSK REX-Osprey SOL + Staking ETF 18.48%
SOLZ Solana ETF 15.46%
DEFI Hashdex Bitcoin ETF 12.77%
BITO ProShares Bitcoin ETF 12.57%
BETH ProShares Bitcoin & Ether Market Cap Weight ETF 12.47%
Bottom Performers
HBTC Fortuna Hedged Bitcoin Fund 9.91%
BTRN Global X Bitcoin Trend Strategy ETF 8.17%
XRPI Volatility Shares Trust XRP ETF 7.89%
BITC Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF 1.46%
AETH Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF 0.06%

Analyzing the Weekly Flows

The Digital Asset channel brought in a total of $2.807 billion in net flows over the past five days. The Bitcoin category was the clear winner, attracting over $1.94 billion in new assets and bringing its total AUM to a massive $164.07 billion. The Ethereum category also saw significant interest, with inflows of $814 million. The only category to experience outflows was Multicoin, though the amount was minimal.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Bitcoin 16 $164.07B $1,940M $4,658M $10,559M $24,736M $41,533M
Ethereum 11 $30.31B $814M $814M $9,963M $11,578M $14,746M
Digital Asset: Cryptocurrency – Altcoin 3 $0.89B $49M $280M $735M $797M $797M
Multicoin 6 $0.26B $5M $20M $29M $134M $131M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares Bitcoin Trust ETF (IBIT) was the top ETF for inflows, attracting a massive $988 million. On the flip side, the ProShares Ether ETF (EETH) and the Global X Bitcoin Trend Strategy ETF (BTRN) both experienced outflows of $1 million, making them the top ETFs for outflows this week.

Inflows
IBIT iShares Bitcoin Trust ETF $988M
FBTC Fidelity Wise Origin Bitcoin Fund $322M
ETHA iShares Ethereum Trust ETF $285M
FETH Fidelity Ethereum Fund ETF $225M
ARKB ARK 21Shares Bitcoin ETF $201M
Outflows
EETH ProShares Ether ETF ($1M)
BTRN Global X Bitcoin Trend Strategy ETF ($1M)

Issuer League Table Update

iShares continues to dominate the issuer landscape, holding a commanding 56.97% market share, followed by Grayscale with 18.00%. This week, iShares also gathered the most inflows, adding $1.273 billion. Among the top issuers, Global X was the only one to see outflows, though they were a minimal -$1 million.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 2 $111.46B 56.97%
Grayscale 4 $35.22B 18.00%
Fidelity 2 $28.45B 14.54%
Bitwise 5 $5.66B 2.89%
21 Shares 2 $5.49B 2.80%

Top & Bottom 3 Issuers by 5-Day Flow

Inflows
iShares $1,273M
Fidelity $547M
Grayscale $252M
Outflows
Global X -$1M
Fortuna $0M
WisdomTree $0M

For a deeper dive into these trends, access our FREE, in-depth Thematic 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.