Bitcoin and Ethereum ETFs struggle to maintain momentum. | Credit: Michael M. Santiago/Getty Images.
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Key Takeaways
U.S. spot Bitcoin ETFs hold $111.78 billion in BTC or 5.92% of its market cap.
Goldman Sachs holds $1.27 billion in BlackRock’s BTC ETF and $288 million in Fidelity’s.
U.S. spot Ethereum ETFs command $9.84 billion in net assets or 3.14% of ETH’s market cap.
An uncertain market has given investors the jitters as U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) record below-average flows and trading volumes.
As per data from SoSoValue, Bitcoin ETFs have posted daily total outflows of $65.76 million on Feb. 11, 2025, marking day two of outflows amid a broader crypto market shakeup.
Meanwhile, investment banking behemoth Goldman Sachs has revealed it’s one of the largest backers of BTC ETFs with a massive $1.57 billion investment split across BlackRock and Fidelity BTC ETFs.
Bitcoin ETF flows. Source: SoSoValue
BlackRock’s iShares Bitcoin Trust (IBIT) posted $23.8 million in net inflows. To date, IBIT has pulled $40.87 billion in cumulative net inflows and commands %55.83 billion in net assets.
The Fidelity Wise Origin Bitcoin Fund (FBTC) leads the losses with $43.63 million in net outflows. FBTC is the second-best-performing fund by cumulative net inflows, which as of today stands at $12.06 billion.
As for smaller losses, the Franklin Templeton Digital Holdings Trust (EZBZ) shed $11.03 million. It’s followed by the Invesco Galaxy Bitcoin ETF (BTCO), which posted $9.51 million in net outflows.
Similarly, the Bitwise Bitcoin ETF (BITB) posted $9.32 million in net outflows. Finally, WisdomTree’s Bitcoin Trust (BTCW) posted a modest $7.06 million in outflows.
Ethereum ETFs
As per SoSoValue, Ethereum ETFs have seen drastically reduced flows following last week’s sizeable inflows, pulling just $12.58 million in combined net inflows on Feb. 11, 2025.
Ethereum ETF flows. Source: SoSoValue
However, BlackRock’s iShares Ethereum Trust (ETHA) was the only fund to see action either way, being the sole fund to pull $12.58 million in net inflows.
With $4.44 billion in cumulative net inflows, and $3.53 billion in net assets, BlackRock’s also leads the U.S. ETH ETF market.
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.
