Blackrock's IBIT Loses $773M as Bitcoin ETFs Post $527M Weekly Outflow

Bitcoin exchange-traded funds recorded $527 million in net outflows during the shortened week, marking their eighth consecutive week of redemptions. Blackrock's IBIT drove the decline with $772.6 million in losses for the week. The pressure was concentrated in IBIT, overwhelming gains across much of the bitcoin ETF complex, while ether ETFs posted $13.67 million in outflows and altcoin ETFs showed selective inflows.

Bitcoin ETFs Record Daily Outflows Before Thursday Rebound

Fidelity's FBTC added $100.9 million for the week, while Ark & 21Shares' ARKB brought in $101.9 million. Morgan Stanley's MSBT drew $37.1 million, Vaneck's HODL added $10.3 million, and Grayscale's Bitcoin Mini Trust gained $13.4 million. Smaller inflows came through Invesco's BTCO ($5.4 million), Franklin's EZBC ($3.5 million), and Valkyrie's BRRR ($1.7 million). Grayscale's GBTC lost $27.7 million for the week.

The daily pattern showed bitcoin ETFs posting outflows of $231.10 million on Monday, $222.64 million on Tuesday and $294.62 million on Wednesday. Thursday brought a $221.72 million inflow, the strongest daily addition since May 5 and the first positive session after a 10-day outflow streak.

Ether ETFs Post Eighth Consecutive Weekly Outflow

Ether ETFs recorded $13.67 million in net outflows for the week, marking their eighth straight week of redemptions. The category lost $30.04 million on Monday and $27.60 million on Tuesday, before turning positive later in the week. Ether ETFs added $14.89 million on Wednesday and $29.08 million on Thursday, helped by renewed demand for Blackrock's ETHA. The late recovery narrowed the weekly loss.

XRP, Solana and HYPE ETFs Attract Weekly Inflows

Spot XRP ETFs recorded $17.19 million in net inflows. XRP products added $15.34 million on Monday, slipped by $2.83 million on Tuesday and $1.86 million on Wednesday, then rebounded with $6.55 million in inflows on Thursday.

Spot Solana ETFs brought in $5.75 million. The group added $5.52 million on Monday, lost $2.50 million on Tuesday, gained $521,070 on Wednesday, and added $2.20 million on Thursday.

Spot HYPE ETFs posted $4.32 million in net inflows. The category added $2.23 million on Monday, saw a $3.01 million outflow on Tuesday, then recovered with $2.85 million on Wednesday and $2.24 million on Thursday.

FAQ

What did Blackrock's IBIT lose during the shortened week? Blackrock's IBIT lost $772.6 million for the week.

How much did bitcoin ETFs lose in total for the week? Bitcoin exchange-traded funds recorded $527 million in net outflows for the week, marking their eighth consecutive week of redemptions.

Which altcoin ETFs recorded inflows during the week? Spot XRP ETFs recorded $17.19 million in net inflows, spot Solana ETFs brought in $5.75 million, and spot HYPE ETFs posted $4.32 million in net inflows.