Flow Tape

Friday's print leaned issuer-specific rather than broad-based. ETHA's $55.6 million exit accounted for the bulk of the day's redemption pressure and more than offset positive prints across the BTC and XRP complexes. Dispersion suggests ETH-product repositioning rather than a cross-asset de-risking impulse, with the bitcoin tape itself splitting between a steady IBIT bid and sizeable ARKB and BITB outflows.

  • IBIT (BlackRock, BTC): +$22.2M ↑
  • XRPZ (Franklin, XRP): +$8.2M ↑
  • FETH (Fidelity, ETH): +$5.5M ↑
  • ETHA (BlackRock, ETH): -$55.6M ↓
  • ARKB (ARK Invest, BTC): -$20.3M ↓
  • BITB (Bitwise, BTC): -$17.7M ↓

7-Day Context

Trailing cumulative figures are not available while prior settling days remain incomplete, per InflowScan data. The Friday print on its own is consistent with ETH-product rotation rather than a broad flow reversal, given the concentration of outflows in a single BlackRock vehicle.