Bitcoin ETFs Lose $70.5M as Outflows Hit Fourth Day

BlackRock’s IBIT led bitcoin ETF outflows Wednesday, accounting for $61.45 million of $70.47 million withdrawn from spot bitcoin funds, marking a fourth consecutive day of net redemptions for the category.

Fidelity’s FBTC recorded $10.12 million in outflows while Morgan Stanley’s MSBT posted a $1.11 million inflow. Trading value across bitcoin ETFs reached $1.36 billion on the session, and total net assets for the group closed at $101.12 billion. Cumulative outflows for bitcoin ETFs over the four-day stretch are about $1.34 billion.

Ether ETFs posted $28.14 million in net outflows, extending their negative run to eight trading days. BlackRock’s ETHA led ether withdrawals with $30.94 million in redemptions and Fidelity’s FETH lost $1.60 million. BlackRock’s ETHB saw $4.39 million in inflows. Ether ETF trading volume was $350.41 million and the category’s assets under management stood at $12.24 billion.

XRP spot ETFs attracted $1.45 million in net inflows, all tied to Canary’s XRPC fund, continuing a five-day streak of inflows for XRP products. XRP ETF trading volume for the session was $11.25 million and net assets for the category closed at $1.13 billion.

Solana spot ETFs reported no flow activity on Wednesday, leaving category net assets at $976.81 million. Hyperlink’s new HYPE spot ETFs drew $25.46 million of inflows on Wednesday and have gathered nearly $50 million since their launch over six days.

Across major crypto ETF categories, trading activity remained active even as several large products saw net withdrawals. The reported figures show the distribution of flows by issuer and product, with inflows concentrated in a few smaller or newer offerings while the largest bitcoin and ether funds experienced continued outflows during the session.