Flow Tape
According to InflowScan data, Thursday's print was defined by one outlier rather than broad-based positioning. FSOL's -$12,724 ↓ accounted for more than 95% of the day's gross redemption value, with FBTC and IBIT contributing modest BTC-side exits. Inflows were scattered across issuers and assets, with no single fund clearing $25,000.
- FSOL (Fidelity, SOL): -$12,724 ↓
- FBTC (Fidelity, BTC): -$211 ↓
- IBIT (BlackRock, BTC): -$111 ↓
XRP coverage settled at 89% (8 of 9 funds reported), with one product still outstanding. BTC, ETH, and SOL cohorts are fully settled.
7-Day Context
Trailing cumulative figures are not yet available as several settling days remain incomplete. Thursday's near-flat aggregate — absent the FSOL single-fund drain — is consistent with the low-conviction tape seen across issuer reports this week, per InflowScan data.