U.S. Bitcoin exchange-traded funds registered $115.56 million in net outflows Tuesday, a sharp deceleration from the prior two days. Bitcoin ETFs shed $643.33 million Friday and $398.62 million Monday—over $1 billion combined—making Tuesday's redemption pace the first real sign of stabilizing institutional demand.
Blackrock's IBIT led the outflows with $94.98 million in redemptions. Grayscale's Bitcoin Mini Trust also saw substantial exits of $52.60 million.
But the tide showed cracks. Bitwise's BITB attracted $21.92 million in inflows. Fidelity's FBTC added $6.76 million. Morgan Stanley's MSBT drew $3.34 million. Competing funds capturing capital at lower prices suggests institutional buyers are dip-fishing rather than panic-selling.
Bitcoin held above $78,000 through the session. Bitcoin ETF trading volume reached $1.46 billion Tuesday, with net assets at $99.16 billion.
Ether ETFs told a different story. They recorded $85.35 million in net outflows Tuesday, extending their losing streak to seven consecutive sessions. Blackrock's ETHA accounted for $74.44 million of the damage. Grayscale's Ether Mini Trust lost $10.91 million. Ether ETF trading volume totaled $352.94 million, with net assets at $13.32 billion.
The split is stark: Bitcoin redemptions are decelerating and inflows are trickling back into select funds. Ether is stuck in sustained institutional withdrawal with no competing fund capturing that capital. Ethereum remains the weaker positioning.
Smaller altcoin ETFs recorded mixed results. Zcash ETFs lost $3.58 million through Grayscale's ZCSH for a second straight negative session. Bitwise's NEAR ETF shed $3.60 million with assets falling to $60.87 million. Grayscale's Hyperliquid ETF was the lone bright spot among smaller categories, attracting $605,080. Solana and XRP ETFs recorded no net flows.
