U.S. spot Bitcoin ETFs command $110.8 billion in BTC, representing 5.88% of its market cap.
BTC ETFs have posted their second consecutive week of outflows for the first time since launching in January 2024.
U.S. spot Ethereum ETFs command $10.31 billion in net assets or 3.14% of ETH’s market cap.
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) continue to slide as a second week of outflows grant Ethereum (ETH) funds a rare chance to overtake their BTC counterparts by a slim margin.
Though Ethereum ETFs have lagged behind BTC for some time, they are increasingly tallying positive inflows and are now occasionally outperforming BTC funds.
As per data from SoSoValue, Bitcoin ETFs ended last week with a fourth consecutive day of net outflows, shedding a combined $62.77 million on Feb. 21, 2025. This brings the week’s net outflows to $559.41 million, marking their second week of outflows in a row, totaling roughly $1.14 billion.
Bitcoin ETF flows. | Source: SoSoValue
Not to be swept up in the red tide, BlackRock’s iShares Bitcoin Trust (IBIT) maintained its bullish trajectory with a modest $21.64 million in net inflows. The fund is the top performer in terms of cumulative net inflows and total net assets, which stand at $40.88 billion and $55.85 billion, respectively.
The VanEck Bitcoin ETF (HODL) captured a very modest $4.71 million in net inflows.
As for exits, Fidelity’s Wise Origin Bitcoin Fund (FBTC) tallied $12.47 million in outflows, bringing its cumulative net inflows to $12.33 billion and net assets to $19.68 billion. Despite this, FBTC is the second-best performing fund under IBIT.
The Bitwise Bitcoin ETF took a minor $16.58 million loss. It’s followed by the Grayscale Bitcoin Trust (GBTC), which posted $60.08 million in net outflows. This brings the fund’s cumulative net outflows to $22.11 billion and net assets down to $18.84 billion.
Ethereum ETFs
Ethereum funds just managed to avoid charting another week of net outflows despite ending the week with $8.92 million in outflows on Feb. 21, 2025. This has remarkably allowed ETH funds to post a very humble $1.61 million in weekly net inflows.
Ethereum ETF flows. | Source: SoSoValue
Just one fund saw substantial action, the Bitwise Ethereum ETF (ETHW), which posted $8.92 million in net outflows after over a week of neutrality.
This brings the fund’s cumulative net inflows to $338.63 million and net assets to $270.53 million. Though these are humble figures compared to competitors, ETHW ranks fourth for cumulative net inflows and fifth for net assets.
Eddie is a gaming and crypto writer at CCN. Covering the often weird and wonderful world of Web3 with an adoring, but skeptical eye.
Prior to CCN, Eddie has spent the past seven years working his way through the crypto, finance, and technology industry. He began with PR and journalism with Bitcoin PR Buzz and BitcoinNews.com, eventually working his way to become a copywriter with a dozen firms, including the likes of Polkadot before returning to journalism in 2023.
Having studied Radio production and journalism at University in the UK, Eddie spent a few years making podcasts and presenting on a local London radio station as he built up his writing chops.
A lifelong skateboarder, Eddie can often be found at the skatepark or touring the streets looking for something new to try. That, or kicking back playing JRPGs on his original PSP.
