Crypto ETFs Logged $102.8M in Net Outflows in Friday's Settled Session; IBIT and FBTC Drove BTC Redemptions

Spot crypto ETFs registered $102.8 million in net outflows in the settled session, according to InflowScan data, with BlackRock's IBIT shedding $70.3 million and Fidelity's FBTC losing $37.1 million as the BTC complex carried the bulk of Friday's redemptions. Small SOL inflows partially offset the bitcoin drain.

Flow Tape

BTC products dominated the outflow side, with IBIT and FBTC together accounting for $107.4 million in redemptions — more than the day's total net figure, indicating offsetting inflows elsewhere. SOL funds provided the only meaningful bid, while ETH coverage was mixed, with ETHW logging modest inflows against ETHA's $5.8 million exit. The tape points to a concentrated BTC-product redemption rather than a broad-based risk-off rotation.

SOLT (Volatility Shares, SOL): +$4.9M ↑
FSOL (Fidelity, SOL): +$3.5M ↑
ETHW (Bitwise, ETH): +$2.1M ↑
IBIT (BlackRock, BTC): -$70.3M ↓
FBTC (Fidelity, BTC): -$37.1M ↓
ETHA (BlackRock, ETH): -$5.8M ↓

30-Day Context

Friday's print lands against a trailing 30-day cumulative tally of +$1.35 billion, according to InflowScan data — the single-session redemption narrows that figure but does not unwind the broader month's net-positive posture. The cadence is consistent with profit-taking in BTC products rather than a structural shift in flow direction.