Weekly ETF Flow Report Highlights Significant Outflows
SoSoValue's weekly ETF flow report indicated substantial outflows from both Bitcoin and Ethereum spot ETFs. Over the period of December 1–5, a total of $87.77 million in net outflows were recorded from Bitcoin spot ETFs.
Bitcoin Spot ETF Performance
Within the Bitcoin spot ETF market, Fidelity's FBTC ETF led in inflows for the week, attracting $61.96 million. This brought its cumulative historical inflow to $12.09 billion. Bitwise's BITB ETF followed, securing $9.3 million in weekly inflows and reaching a total of $2.26 billion.
The most significant outflow was observed in ARK Invest and 21Shares' ARKB ETF, which experienced a net outflow of $77.86 million. The product's total historical inflow currently stands at $1.75 billion.
BlackRock's IBIT ETF recorded weekly outflows amounting to $48.99 million, although its total inflows have reached $62.52 billion. Collectively, Bitcoin spot ETFs now hold a total asset value of $117.11 billion, representing 6.57% of Bitcoin's overall market capitalization.
Ethereum Spot ETF Performance
Ethereum spot ETFs also saw considerable outflows during the same reporting period, with total weekly outflows reaching $65.59 million. Fidelity's FETH ETF experienced the highest inflows, garnering $35.5 million for the week and bringing its total to $2.62 billion. Grayscale's mini Ethereum ETF, ETH, also recorded inflows of $7.51 million for the week.
The largest outflow within the Ethereum ETF sector was from the BlackRock ETHA ETF, which reported $55.87 million in outflows, marking the weakest performance for the week. Grayscale's ETHE product followed with $53.17 million in outflows. Ethereum spot ETFs currently possess a total asset value of $18.94 billion, which constitutes 5.19% of the total market capitalization.