HYPE Returns to Inflows as ETFs Attract Fresh Capital

Bitcoin ETFs Show Broad Demand Before IBIT’s $233M Exit Reverses Gains

The crypto exchange-traded fund (ETF) market opened the week with a cleaner divide. Bitcoin funds showed signs of returning demand across several major issuers, but one large redemption kept the category in negative territory. Ether, by contrast, delivered one of the stronger sessions in recent days, with inflows spread across nearly the entire issuer lineup.

Bitcoin ETFs recorded a net outflow of $91.37 million. The headline number was negative, but the details were less bleak than in prior sessions. Ark & 21Shares’ ARKB led the inflows with $63.14 million, while Fidelity’s FBTC added $59.37 million. Bitwise’s BITB brought in $14.12 million, and Morgan Stanley’s MSBT added $4.91 million.

Those gains were wiped out by Blackrock’s IBIT, which saw a $232.92 million outflow. The single exit was large enough to turn an otherwise constructive day into another net loss for the bitcoin ETF category. Total bitcoin ETF value traded reached $2.78 billion, while total net assets closed at $79.63 billion.

Ether ETFs had a stronger start to the week. The category posted $82.37 million in net inflows, spread across seven issuers. Fidelity’s FETH led the group with $28.57 million, followed closely by Blackrock’s ETHB, which added $26.90 million. Blackrock’s ETHA drew $17.82 million, while Grayscale’s Ether Mini Trust added $8 million.

Smaller inflows also came through Bitwise’s ETHW with $3.02 million, 21Shares’ TETH with $1.26 million, and Invesco’s QETH with $503,000. Vaneck’s ETHV was the lone drag, losing $3.70 million. Total ether ETF value traded stood at $580.19 million, with net assets closing at $9.36 billion.

HYPE ETFs also returned to inflows after recording their first outflow last week. The category added $2.47 million, split between Bitwise’s BHYP ($1.79 million) and Grayscale’s HYPG ($675,310). Total value traded was $31.91 million, while net assets closed at $177.83 million.

Solana ETFs posted a modest $471,650 net outflow. Fidelity’s FSOL added $795,420, and 21Shares’ TSOL gained $196,780. But Bitwise’s BSOL lost $1.46 million, leaving the category negative. Total value traded was $54.07 million, and net assets closed at $773.31 million.

XRP ETFs saw no trading activity.

Monday’s flows showed a market still divided, but not uniformly weak. Ether led the recovery, HYPE regained its footing, and bitcoin showed pockets of demand even as IBIT’s outflow kept the category in the red.