ETF Flows Recap

Spot crypto ETFs logged -$56.75M ↓ in net outflows during Friday's settled session, according to InflowScan data. Monday's issuer reports have not yet published; the figures below reference the most recent fully-settled tape.

Redemptions were concentrated in a single fund. BlackRock's IBIT saw -$55.96M ↓ of outflows, accounting for roughly 99% of the day's net negative print. Fidelity's FBTC added another -$6.89M ↓. Bitwise's BITB was the only fund with meaningful positive tape, taking in +$6.1M ↑.

  • IBIT (BlackRock): -$55.96M ↓
  • FBTC (Fidelity): -$6.89M ↓
  • BITB (Bitwise): +$6.1M ↑

The concentration of redemptions in IBIT is the story worth flagging. When a single issuer drives the entire day's outflow while price grinds higher, the pattern is more consistent with mechanical rebalancing or a fund-of-fund routing decision than with broad ETF-buyer capitulation. InflowScan data does not attribute intent, but the dispersion — one large seller, one small buyer, rest quiet — points to idiosyncratic flow rather than a coordinated exit.

Asset Price Analysis

Bitcoin trades at $63,628 into Monday's cash open, up 1.1% over 24 hours and down 0.6% on the week. The 30-day print sits at +13.7%, so the weekly wobble reads as consolidation inside a larger uptrend rather than a break. Resistance sits at the $65,000 handle; support at $62,000, tested twice in the prior week.

Ether prints $1,904.77, up 1.5% on the day but down 3.7% over seven sessions — the weakest weekly performance among the majors. ETH continues to lag BTC on a relative-strength basis, and Friday's flow tape reinforces that: no meaningful ETH product cracked the reported inflow or outflow lists.

Solana at $75.68 is the outlier. SOL is up 1.4% on the day, 9.2% on the week, and 15.6% over 30 days — the strongest month-over-month print in the majors. XRP holds the $1.00 handle, up 0.7% on the day and 8.4% on the month.

Stablecoin Flows

USDC supply added roughly $15.5M over the prior 24 hours to $72.0B, according to InflowScan data. USDT supply was flat at $183.0B. The combined print is a near-zero net expansion, consistent with sidelined capital neither being deployed nor withdrawn. Dry powder is neither building nor bleeding.

Outlook

The watch items for Monday's session: whether Friday's IBIT outflow was a one-session event or the start of a redemption pattern — Tuesday morning's settled tape will resolve that question. On price, BTC's ability to defend the $63,000 area on any pullback is the more important technical read than any push toward $65,000. SOL's relative strength versus BTC and ETH is worth tracking; historically, extended SOL outperformance has been associated with altcoin-beta rotation rather than fresh institutional demand.

No major macro prints are scheduled for the session. Options positioning and perpetual funding rates will carry more signal weight than headlines through Monday's US hours.