U.S. spot Bitcoin ETFs saw $484.9 million in outflows and swung back to net outflows, while Ethereum products recorded net outflows for seven consecutive trading days.
The U.S.-listed spot crypto ETF market experienced substantial capital outflows, with both Bitcoin and Ethereum products showing clear net outflow trends. As of the 7th local time, U.S. spot Bitcoin ETFs recorded total net outflows of $484.9 million, equivalent to approximately 648.6 billion won. This marked a sharp reversal from the net inflow recorded just one day earlier.
Selling pressure was concentrated across spot Bitcoin products, led by major asset managers. BlackRock’s IBIT recorded the largest outflow at $207.7 million, while Fidelity’s FBTC and ARK Invest’s ARKB posted net outflows of $105.1 million and $101.7 million, respectively, each exceeding $100 million. Grayscale’s GBTC saw $39.3 million in net outflows, followed by $27.6 million from Bitwise’s BITB and $3.5 million from VanEck’s HODL, extending outflow pressure across major products.
On the same day, the U.S. spot Ethereum ETF market also remained weak, recording net outflows for the seventh consecutive trading day. Total net outflows from spot Ethereum products reached $160.9 million, or approximately 215.2 billion won.
Ethereum products likewise saw notable withdrawals from offerings managed by large asset managers. BlackRock’s ETHA recorded $116.1 million in outflows, accounting for a substantial portion of the overall decline. Grayscale’s ETHE saw $25.8 million withdrawn, while 21Shares’ TETH, Bitwise’s ETHW and VanEck’s ETHV recorded net outflows of $6.3 million, $5.9 million and $2.8 million, respectively. Invesco’s QETH and Grayscale’s ETH each also recorded net outflows of approximately $2 million, adding to the broad-based withdrawal trend.