Weekly Channel Summary
The Digital Asset ETF channel continues to evolve, currently comprising 58 ETFs across 18 issuers with total assets under management (AUM) of approximately $146 billion. despite a challenging performance week, investor interest remained resilient, with the channel gathering approximately $318 million in net inflows over the past five days. This positive sentiment contributes to a robust year-to-date trend, with total inflows now exceeding $36.5 billion, reinforcing the sector’s growth trajectory despite recent price volatility.
This Week’s Performance Leaders and Laggards
It was a red week across the board for the major crypto categories, though Ethereum held up relatively well compared to its peers. Ethereum ETFs emerged as the relative leader, posting a modest decline compared to broader losses elsewhere. On the other end of the spectrum, the Altcoin category struggled significantly, finishing as the primary laggard with the steepest weekly decline. On a Year-to-Date basis, both Bitcoin and Ethereum remain in negative territory, with Ethereum currently trailing significantly behind.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Ethereum | -0.74% | -11.29% | -29.77% | 16.88% | -9.26% | -19.74% |
| Bitcoin | -1.86% | -11.35% | -18.32% | -12.20% | -5.02% | -10.21% |
| Altcoin | -5.43% | -16.58% | -34.76% | -14.99% |
Top & Bottom 5 ETFs by Weekly Performance
In a week where most funds saw red, the ESK (REX-Osprey ETH + Staking ETF) managed to buck the trend, delivering the best weekly return. Conversely, the HBR (Canary HBAR ETF) and the DOJE (REX-Osprey DOGE ETF) were the hardest hit, posting significant losses.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ESK | REX-Osprey ETH + Staking ETF | 1.76% |
| EETH | ProShares Ether ETF | 0.18% |
| BTRN | Global X Bitcoin Trend Strategy ETF | 0.08% |
| BETE | ProShares Bitcoin & Ether Equal Weight ETF | -0.56% |
| ETHV | VanEck Ethereum ETF | -0.57% |
| Bottom Performers | ||
| XRPI | Volatility Shares Trust XRP ETF | -7.01% |
| XRPC | Canary XRP ETF | -7.10% |
| XRPR | REX-Osprey XRP ETF | -7.10% |
| DOJE | REX-Osprey DOGE ETF | -7.41% |
| HBR | Canary HBAR ETF | -8.05% |
Analyzing the Weekly Flows
Despite the performance headwinds, the channel attracted approximately $318 million in net inflows this week. The Altcoin category led the way, bringing in $131 million despite holding a smaller AUM base of $2.0 billion. Bitcoin and Ethereum also saw healthy demand, each adding $91 million. Notably, no category experienced net outflows for the week, signaling sustained conviction across the board.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Altcoin | 12 | $2.00B | $131M | $765M | $1,824M | $2,359M | $2,359M |
| Bitcoin | 17 | $123.40B | $91M | ($2,564M) | $3,500M | $23,667M | $26,731M |
| Ethereum | 12 | $19.74B | $91M | ($1,067M) | ($195M) | $10,363M | $12,084M |
Top & Bottom 5 ETFs by 5-Day Flow
Leading individual inflows was the BITO (ProShares Bitcoin ETF), which gathered substantial new assets. On the flip side, the IBIT (iShares Bitcoin Trust ETF) and ETHE (Grayscale Ethereum Trust ETF) saw the largest net outflows for the week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BITO | ProShares Bitcoin ETF | $162M |
| FBTC | Fidelity Wise Origin Bitcoin Fund | $112M |
| ETHA | iShares Ethereum Trust ETF | $88M |
| BSOL | Bitwise Solana Staking ETF | $53M |
| GLNK | Grayscale Chainlink Trust ETF | $50M |
| Outflows | ||
| HODL | VanEck Bitcoin ETF | ($14M) |
| GBTC | Grayscale Bitcoin Trust ETF | ($19M) |
| ARKB | ARK 21 Shares Bitcoin ETF | ($33M) |
| ETHE | Grayscale Ethereum Trust ETF | ($45M) |
| IBIT | iShares Bitcoin Trust ETF | ($130M) |
Issuer League Table Update
iShares and Grayscale remain the dominant forces in the space, continuing to hold the top two spots by market share. However, in terms of weekly flows, ProShares took the lead, gathering the most inflows among all issuers. Conversely, 21Shares saw the largest net outflows for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $83.03B | 56.89% |
| Grayscale | 8 | $25.61B | 17.55% |
| Fidelity | 3 | $21.16B | 14.50% |
| Bitwise | 8 | $4.97B | 3.40% |
| 21 Shares | 5 | $3.60B | 2.47% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| ProShares | $168M |
| Fidelity | $159M |
| Grayscale | $157M |
| Outflows | |
| VanEck | ($16M) |
| iShares | ($43M) |
| 21 Shares | ($108M) |
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.
