Bitcoin ETF Inflow Streak Snaps With $27 Million Outflow

BTC-2,57%
XRP-1,27%
SOL-2,68%

Bitcoin exchange-traded funds (ETFs) paused their multi-day inflow streak with a $27.5 million outflow on Friday, while ether funds lost $43 million. XRP and Solana ETFs continued to attract modest inflows.

Crypto ETFs See Mixed Friday as Bitcoin and Ether Turn Red

The rally finally took a breather. After three trading sessions of steady gains, spot bitcoin ETFs slipped back into negative territory, posting a net outflow of $27.55 million. The reversal was largely driven by Blackrock’s IBIT, which recorded a $32.71 million exit.

There were attempts to offset the decline. Invesco’s BTCO added $3.27 million, while Franklin’s EZBC pulled in $1.9 million. Still, the inflows weren’t enough to counterbalance IBIT’s withdrawal. Total trading volume reached $2.57 billion, and net assets closed at $83.40 billion.

Ether ETFs faced steeper pressure. The category recorded a $43 million outflow, entirely attributable to Blackrock’s ETHA. No other ether funds reported trading activity during the session. Total value traded stood at $679.61 million, and net assets fell to $10.96 billion.

Altcoins, however, held their ground. XRP ETFs posted a $2.21 million net inflow, driven primarily by Franklin’s XRPZ. Trading volume reached $12.42 million, and net assets ended at $983.18 million.

Solana ETFs also finished in positive territory. The segment attracted $1.31 million, powered solely by Bitwise’s BSOL. Trading activity totaled $25.70 million, with total net assets closing at $753.16 million.

Friday’s session marked a clear divergence. Bitcoin and ether paused after three days of momentum, weighed down by concentrated outflows in flagship products. Meanwhile, XRP and solana continued to draw incremental capital, suggesting that while large-cap crypto exposure cooled, investor appetite for select altcoin ETFs remained intact.

FAQ 📊

  • Why did Bitcoin ETFs record an outflow on February 27?

The net $27.55 million outflow was primarily driven by a $32.71 million withdrawal from Blackrock’s IBIT, which outweighed smaller inflows into Invesco’s BTCO and Franklin’s EZBC.

  • What caused the Ether ETF outflows?

The $43 million outflow was entirely due to redemptions from Blackrock’s ETHA, as other ether ETFs reported no trading activity during the session.

  • Did any crypto ETFs finish the day in positive territory?

Yes, XRP ETFs recorded a $2.21 million inflow led by Franklin’s XRPZ, and Solana ETFs added $1.31 million through Bitwise’s BSOL.

  • What were the total assets under management after Friday’s trading?

Bitcoin ETFs ended with $83.40 billion in net assets, ether ETFs at $10.96 billion, XRP ETFs at $983.18 million, and solana ETFs at $753.16 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitwise CIO: The altcoin season is over, and the future will enter a "non-traditional" cycle

Bitwise Chief Investment Officer Matt Hougan believes that the future of altcoin seasons will no longer be common, and only assets with real applications and growth momentum will profit. He pointed out that the market will become more differentiated, with investor attention focusing on Bitcoin, and mentions of altcoins dropping to a two-year low.

GateNews31m ago

Data: The number of non-zero Bitcoin wallets reaches a new high, and the exchange BTC supply drops to the lowest level since 2017.

PANews March 6 News, according to Cointelegraph, Santiment data shows that the number of non-zero Bitcoin wallets has reached a record high, while the Bitcoin supply on exchanges has dropped to the lowest level since December 2017. This trend indicates that Bitcoin adoption is increasing, with more investors choosing to store assets in offline wallets.

GateNews38m ago

The whale "pension-usdt.eth" short position of 1000 BTC narrows its unrealized loss to $2.2 million

ChainCatcher Message: According to HyperInsight monitoring, the large whale "pension-usdt.eth" is currently shorting 1,000 BTC with 3x leverage, with an average entry price of $68,182.7, and a current unrealized loss of $2.2 million.

GateNews39m ago

Analyst says Bitcoin is still in a deep bear market zone, with BTC quickly retreating after rebounding to $74,000.

Bitcoin recently experienced a brief rebound to $74,000, but analysts believe this is only a temporary correction within the bear market. Market indicators still show that it remains in a deep bear market, and although some on-chain data suggest capital is flowing back, market momentum is unstable and may remain volatile in the short term.

GateNews41m ago
Comment
0/400
No comments