Ethereum Spot ETFs Attract Inflows as Bitcoin Spot ETFs Experience First Weekly Outflow in Three Weeks

The Bitcoin spot ETFs recorded their first weekly outflow in three weeks at $61.53 million, according to analytics firm SoSoValue. This marks a shift from the three-week run of net inflows that had been building through the prior period.

Despite this, total assets held by bitcoin spot ETFs stood at $76.29 billion, representing 6.04% of Bitcoin's total market capitalization. Cumulative net inflows since launch have reached $51.32 billion.

Fidelity's FBTC posted the largest weekly outflow at $85.19 million, while Grayscale's GBTC recorded a second-largest outflow of $52.63 million. On the other hand, BlackRock's IBIT led in inflows with net inflows of $86.9 million.

In contrast to Bitcoin spot ETFs, Ethereum spot ETFs continued to attract inflows, with net inflows totaling $27.42 million during the same period. This marks a fourth consecutive week of inflows for Ethereum spot ETFs.