Essential Highlights
- U.S. spot Bitcoin ETFs hold $94.3 billion in BTC, equating to 5.69% of its total market cap.
- Bitcoin is currently priced below $80,000, while Ethereum is trading under $2,150.
- U.S. spot Ethereum ETFs contain $9.31 billion in net assets, representing 3.09% of ETH’s market cap.
U.S. spot Bitcoin (BTC) and Ethereum exchange-traded funds (ETFs) are facing unprecedented outflows as a major market downturn prompts investors to sell off their holdings to limit losses before the situation worsens.
Bitcoin ETFs
As reported by SoSoValue , Bitcoin ETFs experienced $275.83 million in net outflows on February 27, 2025, bringing this week’s total net outflows to $2.71 billion.
The Bitwise Bitcoin ETF (BITB) was the sole fund to register positive flows, gaining $17.65 million, and raising its cumulative net inflows to $2.08 billion, now managing $3.24 billion in net assets.
The BlackRock iShares Bitcoin Trust (IBIT) saw the highest single-day outflow at $189.02 million. Nonetheless, it holds the position of the best-performing fund with a total of $39.95 billion in cumulative net inflows and $47.88 billion in net assets.
The WisdomTree Bitcoin Trust (BTCW) experienced $53.78 million in outflows, and the Valkyrie Bitcoin Fund (BRRR) faced $12.82 million in exits. The VanEck Bitcoin ETF (HODL) recorded $10.58 million in outflows.
Grayscale’s Bitcoin Trust (GBTC) lost $7.26 million in net outflows, accumulating a total of $22.26 billion in outflows, with $16.41 billion in net assets remaining.
In a similar vein, the Fidelity Wise Origin Bitcoin Fund (FBTC) reported $7.25 million in outflows. Yet, it remains the second-largest fund by inflows, boasting $11.59 billion in cumulative net inflows and $16.48 billion in net assets.
Lastly, Franklin Templeton’s Digital Holdings Trust (EZBC) saw $7.23 million in net outflows, followed by the Grayscale Bitcoin Mini Trust, which had $5.54 million in exits.
Ethereum ETFs
Data from SoSoValue indicates that Ethereum funds are also experiencing a historic week of outflows. On February 27, 2025, funds recorded a total of $71.08 million in net outflows, resulting in weekly outflows amounting to $293.53 million.
With just one day remaining, funds are poised to exceed their prior worst week of outflows, which occurred during their launch week, resulting in $341.35 million in exits.
BlackRock’s leading offering, the iShares Ethereum Trust (ETHA), recorded $26.06 million in cumulative net outflows. Despite this, it maintains its position at the top with $4.3 billion in cumulative net inflows and $2.96 billion in net assets.
Fidelity’s FETH closely follows with a loss of $25.45 million. As the second-best performing fund by cumulative net inflows, it currently stands at $1.49 billion, managing a steady $1 billion in net assets.
Finally, the Grayscale Ethereum Trust (ETHE), which has seen the most outflows, lost an additional $19.57 million, totaling cumulative net outflows of $4.06 billion, with $2.86 billion in net assets.
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