10-4-2025 – Cryptocurrency exchange-traded funds (ETFs) have weathered their fifth successive day of capital withdrawals, with investors pulling out $127 million amidst growing apprehension over broader market instability.
The lion’s share of withdrawals struck BlackRock’s IBIT instrument, which witnessed nearly $90 million in redemptions. Grayscale’s GBTC vehicle followed suit, shedding $33.8 million, whilst smaller players WisdomTree and VanEck experienced more modest outflows through their respective BTCW and HODL offerings.
A ray of optimism emerged as Bitwise’s BITB product bucked the prevailing trend, securing $6.71 million in fresh capital—marking the sole positive inflow amongst Bitcoin ETFs this week. Market activity demonstrated renewed vigour, with trading volumes surging to $5.3 billion, representing a marked improvement from the previous session’s $3 billion.
The Ethereum ETF landscape painted a similarly cautious picture, with investors withdrawing $11.19 million. Fidelity’s FETH and BlackRock’s ETHA bore the brunt of the exodus, whilst their competitors maintained relatively stable positions.
Despite the challenging climate, the aggregate value of Bitcoin ETF assets has shown resilience, rebounding above $90 billion. Conversely, Ethereum ETF holdings have dipped below £6 billion, despite maintaining robust trading activity exceeding $820 million.
The persistent outflows reflect broader market uncertainties, with investors particularly focused on inflation dynamics and monetary policy directions. However, President Trump’s recent announcement of a 90-day tariff suspension has introduced a potential catalyst for market sentiment improvement.