Bitcoin and Ethereum ETFs Chart Historic $3B Outflows Amid Deepening Market Crunch

• U.S. spot Bitcoin ETFs command $94.3 billion in BTC, representing 5.69% of its market cap.
• Bitcoin is trading under $80,000; Ethereum is trading under $2,150.
• U.S. spot Ethereum ETFs command $9.31 billion in net assets or 3.09% of ETH’s market cap.

U.S. spot Bitcoin (BTC) and Ethereum exchange-traded funds (ETFs) are experiencing record-breaking outflows as a gigantic market sell-off forces investors to cut their losses before the dip goes too deep.

Bitcoin ETFs

According to SoSoValue , Bitcoin ETFs saw $275.83 million in net outflows on Feb. 27, 2025, pushing this week’s total net outflows to $2.71 billion.

The Bitwise Bitcoin ETF (BITB) was the only fund with positive flows, adding $17.65 million and bringing its cumulative net inflows to $2.08 billion. It now holds $3.24 billion in net assets.

The BlackRock iShares Bitcoin Trust (IBIT) recorded the largest single-day outflow at $189.02 million. Despite this, it remains the top-performing fund with $39.95 billion in cumulative net inflows and $47.88 billion in net assets.

The WisdomTree Bitcoin Trust (BTCW) saw $53.78 million in outflows, while the Valkyrie Bitcoin Fund (BRRR) posted $12.82 million in exits. The VanEck Bitcoin ETF (HODL) recorded $10.58 million in outflows.

Grayscale’s Bitcoin Trust (GBTC) shed $7.26 million in net outflows, bringing its total outflows to $22.26 billion, with $16.41 billion in net assets.

Similarly, the Fidelity Wise Origin Bitcoin Fund (FBTC) posted $7.25 million in outflows. Despite this, it remains the second-largest fund by inflows, with $11.59 billion in cumulative net inflows and $16.48 billion in net assets.

Finally, Franklin Templeton’s Digital Holdings Trust (EZBC) lost $7.23 million in net outflows, followed by the Grayscale Bitcoin Mini Trust, which posted $5.54 million in exits.

Ethereum ETFs

According to SoSoValue data, Ethereum funds are also charting a record-breaking week of exits. On Feb. 27, 2025, funds posted a combined $71.08 million in net outflows, bringing the week’s outflows to $293.53 million.

With just one day left, funds are on track to surpass their worst week of outflows, namely their first week of launch, which saw $341.35 million in exits.

BlackRock’s leading fund, the iShares Ethereum Trust (ETHA), posted $26.06 million in cumulative net outflows. Regardless, it remains at the top of the board with $4.3 billion in cumulative net inflows and $2.96 billion in net assets.

Following closely behind, Fidelity’s FETH took a $25.45 million loss. By cumulative net inflows, it’s the second-best-performing fund and stands at $1.49 billion. FETH commands a square $1 billion in net assets.

Finally, outflow champ, the Grayscale Ethereum Trust (ETHE), tallied a further $19.57 million in net outflows, bringing the fund’s cumulative net outflows to a sore $4.06 billion. The fund now holds $2.86 billion in net assets.