Ether Outflows Deepen as Bitcoin Ends Short Week Positive
The week closed quietly, but not without contrast. As markets prepared for the Easter break, flows revealed a split narrative across crypto ETFs. Bitcoin ETFs returned to positive territory with a modest $8.99 million inflow, enough to end the shortened week on a steadier note.
The gains were led by Fidelity’s FBTC, which drew $7.29 million, alongside Vaneck’s HODL with $4.74 million in inflows. There was some pressure. Blackrock’s IBIT recorded a $3.04 million outflow, but it was not enough to tilt the balance. Trading activity came in at $1.97 billion, while net assets settled at $86.22 billion.
Ether ETFs told a different story. The sector recorded a steep $71.10 million in outflows, extending its recent stretch of weakness. Blackrock’s ETHA led the decline with a $46.66 million exit, followed by Grayscale’s ETHE at $16.80 million and Fidelity’s FETH with $7.70 million in outflows. Notably, no fund posted inflows. Trading volume reached $970.16 million, with net assets closing at $11.70 billion.
Beyond the majors, smaller assets showed signs of life. XRP ETFs recorded a modest $64,600 inflow. The movement was driven by a $1.31 million addition to Bitwise’s XRP, offset by a $1.25 million outflow from Canary’s XRPC. Trading volume stood at $14.02 million, with net assets at $916.73 million.
Solana ETFs also edged higher, posting a $932,800 inflow entirely from Fidelity’s FSOL. Trading activity reached $36.83 million, while net assets closed at $771.36 million.
In summary, Thursday capped a shortened trading week with mixed signals. Bitcoin returned to inflows, Ether extended its losses, and both solana and XRP posted modest gains. The market enters the holiday pause still searching for firm direction.
FAQ📊
- Why did Bitcoin ETFs return to inflows at the end of the week?
Bitcoin ETFs saw modest inflows driven by Fidelity’s FBTC and VanEck’s HODL, suggesting selective investor confidence despite recent volatility. - Why are Ether ETFs still experiencing strong outflows?
Ether ETFs continue to face sustained selling pressure, led by large withdrawals from BlackRock’s ETHA and other major funds. - What explains the small inflows in XRP and Solana ETFs?
These inflows reflect targeted, low- volume positioning by investors rather than broad market participation. - What does the shortened trading week indicate for crypto ETFs?
The mixed performance suggests a market in transition, with investors remaining cautious ahead of broader macro and crypto-specific developments.
