Spot Crypto ETFs Post $123M in Net Outflows in Tuesday's Settled Session; BlackRock's IBIT Leads Redemptions

Spot crypto ETFs registered $123.3 million in net outflows in Tuesday's settled session, according to InflowScan data, with BlackRock's IBIT accounting for roughly two-thirds of the day's redemptions. Morgan Stanley's MSBT was the lone meaningful bid, absorbing $20 million against broad-based selling across BTC and ETH products.

Flow Tape

InflowScan data show the tape skewed decisively to the sell side, with BTC products driving the bulk of the day's redemptions. Dispersion was narrow on the inflow side — only three funds across the entire complex printed positive, and MSBT's $20 million take outpaced the next-largest inflow by more than tenfold.

Top inflows:

MSBT (Morgan Stanley, BTC): +$20.0M ↑
SOLT (Volatility Shares, SOL): +$1.9M ↑
ETHB (BlackRock, ETH): +$1.1M ↑

Top outflows:

IBIT (BlackRock, BTC): -$79.5M ↓
FBTC (Fidelity, BTC): -$37.4M ↓
FETH (Fidelity, ETH): -$19.1M ↓

The IBIT-FBTC pairing at the top of the outflow column points to coordinated BTC repositioning across the two largest issuers rather than an idiosyncratic single-fund exit.

7-Day Context

Trailing cumulative figures were not available as several settling sessions remain incomplete, per InflowScan data. Tuesday's print, viewed in isolation, is consistent with a continuation of net-outflow pressure on the BTC complex, with the ETH side registering more modest but directionally similar redemptions.