Spot Crypto ETFs Post $359.8M in Net Outflows in Friday's Settled Session; IBIT Leads Redemptions

Spot crypto ETFs registered $359.8 million in net outflows in Friday's settled session, with BlackRock's IBIT accounting for roughly two-thirds of the day's redemptions as today's issuer reports landed, according to InflowScan data. Bitcoin products carried the bulk of the tape; smaller bids in Ethereum and a partial XRP print did little to offset the BTC drag.

Flow Tape

The session's tape was concentrated and one-sided. The three largest exits were all bitcoin products, while the inflow side topped out near $4.5 million per fund, suggesting the redemption pressure came from a small number of large tickets rather than broad de-risking, according to InflowScan data.

Top inflows: ETHB (BlackRock, ETH) +$4.6M ↑; HODL (VanEck, BTC) +$4.5M ↑; MSBT (Morgan Stanley, BTC) +$4.3M ↑
Top outflows: IBIT (BlackRock, BTC) -$228.2M ↓; GBTC (Grayscale, BTC) -$64.1M ↓; FBTC (Fidelity, BTC) -$63.7M ↓

IBIT, GBTC and FBTC together accounted for more than $356 million in redemptions — effectively the entire net figure. Dispersion was thin on the bid side, with no single fund clearing $5 million in inflows.

7-Day Context

Trailing 7-day cumulative flow is not yet available with all settling days complete, so a clean weekly tally will print later in the cycle. Friday's session extends a softer tone in the 30-day window, which now stands at -$363.7M ↓ on a cumulative basis — consistent with the BTC-complex bleed seen across recent sessions, per InflowScan data.

By InflowScan Staff. Data sourced from InflowScan.