Spot Crypto ETFs Shed $396 Million in Settled Session as IBIT Leads Bitcoin Redemptions

Spot crypto ETFs registered $395.8 million in net outflows in Thursday's settled session, according to InflowScan data, with BlackRock's IBIT accounting for nearly half the bleed as today's issuer reports landed. ETHA and ProShares' UXRP rounded out the redemption tape, leaving the day's flow picture tilted firmly negative across BTC, ETH and XRP products.

Flow Tape

Outflows dominated and were concentrated at BlackRock, with IBIT and ETHA combining for roughly two-thirds of the day's redemptions. Inflows were effectively absent — a single ETHB ticket cleared $3 million, the only positive print of size on the tape. The dispersion suggests issuer-led repositioning rather than a broad-based bid, consistent with a session where the largest products absorbed the bulk of the exit flow.

ETHB (BlackRock, ETH): +$3.2M ↑

Top outflows:

IBIT (BlackRock, BTC): -$181.6M ↓
ETHA (BlackRock, ETH): -$81.9M ↓
UXRP (ProShares, XRP): -$31.4M ↓

7-Day Context

The trailing 7-day cumulative tally is incomplete as settling days finish reporting, so a clean weekly figure is not yet available. InflowScan data shows the 30-day cumulative net flow stands at +$1.05 billion, meaning Thursday's print narrows the monthly surplus but leaves it firmly positive. The pattern is consistent with a cooling, not a reversal.

By InflowScan Staff. Data sourced from InflowScan.