After piling billions into U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs), reaching new cumulative inflow peaks and pushing BTC above $105,000, investors appear to be holding off making any further moves.
Meanwhile, Ethereum (ETH) ETFs have posted modest inflows as funds underperform in 2025.
As per SoSoValue data, Bitcoin ETFs posted a modest $96.14 million in daily net outflows on May 13, 2025, marking the third day of outflows since April 14, 2025.
The minor exits come amid a wave of bullish optimism that has seen over $4.9 billion in net inflows through April and May.
Leading the losses is Fidelity’s Wise Origin Bitcoin Fund (FBTC), which posted $91.39 million in net outflows. FBTC has seen $11.61 billion in cumulative net inflows and currently commands $20.76 billion in net assets.
It ranks second overall under BlackRock’s iShares Bitcoin Trust (IBIT), which dominates with $44.78 billion in cumulative net inflows and $65.44 billion in net assets.
Finally, the Hashdex Bitcoin ETF (DEFI) has posted its largest-ever outflow on its fourth-ever day of flows, shedding $4.75 million in net outflows. This brings its cumulative net outflows to $2.62 million and net assets to $13.07 million.
Unfortunately for DEFI, it is now the second-ever BTC ETF to have cumulative net outflows. It joins Grayscale’s Bitcoin Trust (GBTC), which has seen $22.95 billion in cumulative net outflows.
According to SoSoValue, Ethereum ETFs have posted a modest $13.37 million in daily total net inflows for May 13, 2025. So far this month, flows have been mostly negative, resulting in a monthly net total outflow of $15.77 million.
Leading the charge is the Grayscale Ethereum Mini Trust, which pulled $7.63 million in net inflows, bringing its cumulative net inflows to $627.52 million and net assets to $1.31 billion, ranking it third amongst competitors.
Up next, the Franklin Ethereum Trust (EZET) posted $3.06 million in net inflows, marking a rare day of flows for the fund. To date, EZET has recorded $29.56 million in cumulative net inflows and holds $34.72 million in net assets, which ranks it sixth and seventh, respectively.