Spot crypto ETFs posted $437.4 million in net outflows in Wednesday's settled session, with BlackRock's IBIT accounting for more than 60% of the redemptions as issuer reports completed, according to InflowScan data. BTC, ETH and SOL product coverage reported complete, with XRP coverage at 89%.
Flow Tape
Redemptions concentrated in the two largest spot products on the tape, with BlackRock alone representing the bulk of the day's net exit. InflowScan data show inflows were sparse and small-ticket, led by Morgan Stanley's MSBT and two XRP vehicles — a dispersion profile consistent with issuer-level repositioning rather than a broad bid.
Trailing cumulative figures were not available at print, with settling days still incomplete across the cohort. The Wednesday tape, taken on its own, extends a pattern of BlackRock-led redemptions across both BTC and ETH wrappers, with the XRP cohort the only corner of the complex registering net creations, according to InflowScan data.
By InflowScan Staff. Data sourced from InflowScan.