Market Watch: Bitcoin ETFs Experience Historic Pullback
Spot Bitcoin ETFs registered a sharp $812.25 million in net outflows, reversing nearly a week’s worth of cumulative gains. This marks the second-largest daily exit since these instruments launched, dragging total net inflows down to $54.18 billion. Current assets under management (AUM) for these funds now sit at $146.48 billion—roughly 6.46% of Bitcoin’s total market capitalization.
Fidelity’s FBTC took the heaviest hit with $331.42 million pulled, followed closely by ARK Invest’s ARKB, which saw $327.93 million in redemptions. Grayscale’s GBTC lost $66.79 million, while BlackRock’s IBIT remained largely insulated, recording just $2.58 million in outflows.
Despite the outflows, trading volume remained robust. Over $6.13 billion exchanged hands across all spot Bitcoin ETFs, with IBIT leading at $4.54 billion—reflecting ongoing institutional interest, even during pullbacks.
Ethereum ETFs See First Redemptions After 20-Day Inflow Surge
Friday also marked a turning point for Ethereum ETFs. After 20 consecutive trading sessions of net inflows, the sector recorded $152.26 million in redemptions. The total AUM for Ether ETFs now stands at $20.11 billion, equal to 4.70% of Ethereum’s current market cap.
Grayscale’s ETHE was the largest contributor to the drop, reporting $47.68 million in outflows. Bitwise’s ETHW followed at $40.30 million. Fidelity’s FETH also saw a minor decline of $6.17 million. BlackRock’s ETHA stood unchanged, neither gaining nor losing funds, and held $10.71 billion in AUM.
Trading volume across Ether ETFs totaled $2.26 billion. Grayscale’s ETHE led that pack with $288.96 million in turnover, indicating that investor interest hasn’t cooled, despite the pullback.
Corporate Treasuries Shift Focus from Bitcoin to Ethereum
According to recent insights from Standard Chartered, corporations have doubled their Ether acquisition rate compared to Bitcoin since early June. Around 1% of Ethereum’s total circulating supply has reportedly been absorbed by crypto treasury operations, driven by staking incentives and decentralized finance (DeFi) participation.
This steady accumulation, combined with previous inflow momentum and broader shifts across digital assets like XRP, has been a significant driver behind Ethereum’s price resilience.. The bank projects ETH could push past $4,000 before year-end if the current pace continues.
Looking forward, Ethereum’s share in corporate treasuries is forecasted to reach up to 10% of total circulating supply, a development that could redefine institutional crypto allocation strategies moving into 2026.
