Crypto ETFs Log $59.5M Net Inflow as IBIT Carries the Tape; BITB, GBTC See Redemptions

Spot crypto ETFs absorbed $59.5 million in net inflows in Thursday's settled session, with BlackRock's IBIT pulling in $140.5 million to offset redemptions from Bitwise's BITB and Grayscale's GBTC. The print, landing in tonight's issuer reports, narrows the trailing seven-day tally to a $486 million net outflow.

Flow Tape

InflowScan data shows the bid was concentrated rather than broad. IBIT alone accounted for the entire net positive figure, with Grayscale's mini-trust BTC and VanEck's HODL providing modest support. On the other side of the tape, three separate products — spanning Bitwise's BTC vehicle, Grayscale's legacy GBTC, and Fidelity's ether fund — absorbed the bulk of redemptions, pointing to issuer-specific repositioning rather than a directional exit from the asset class.

IBIT (BlackRock, BTC): +$140.5M ↑
BTC (Grayscale, BTC): +$12.3M ↑
HODL (VanEck, BTC): +$7.3M ↑
BITB (Bitwise, BTC): -$35.4M ↓
GBTC (Grayscale, BTC): -$30.9M ↓
FETH (Fidelity, ETH): -$14.0M ↓

7-Day Context

Thursday's modest positive print narrows the trailing seven-day cumulative tally to a $486 million net outflow, snapping what had been a deeper weekly drawdown. The shape of the tape — IBIT carrying the bid while peer BTC products bleed — is consistent with fund-of-fund routing and share-class rotation rather than fresh asset-class allocation.

By InflowScan Staff. Data sourced from InflowScan.