Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million.
$86M Outflow Hits Ether ETFs Amid Modest Bitcoin ETF Gains
According to Sosovalue stats, U.S.-based cryptocurrency ETFs exhibited a dynamic trading session. Bitcoin-focused ETFs enjoyed a net gain of $52.39 million. Blackrock’s IBIT emerged as a major contributor, pulling in $596.11 million.
Conversely, Fidelity’s FBTC saw an outflow of $86.29 million, and GBTC recorded an even larger withdrawal of $125.45 million. ARKB reported outflows of $212.55 million, while BITB lost $113.85 million.
Funds including BTC, HODL, BRRR, BTCO, BTCW, and DEFI reported no changes, maintaining neutral positions. Franklin Templeton’s EZBC faced a modest outflow of $5.58 million.
As of Tuesday’s close, the cumulative net inflows since Jan. 11, 2024, totaled $36.95 billion. The 12 funds collectively hold $110.11 billion in bitcoin reserves, representing 5.76% of the cryptocurrency’s total market capitalization.
In the ether ETF market, outflows dominated. ETHE registered a $7.96 million withdrawal, while ETHA’s net position remained unchanged. Grayscale’s Ethereum Mini Trust saw $11.19 million in outflows, and Fidelity’s FETH recorded the largest outflow at $67.64 million.
Funds like ETHW, ETHV, EZET, QETH, and CETH maintained neutral stances with no recorded activity. The $86.79 million outflow trimmed the cumulative net inflows since July 23, 2024, to $2.68 billion.
Currently, the nine ether ETFs collectively manage $12.28 billion in assets, equivalent to 3% of ether’s total market value.
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