Spot Bitcoin ETFs in the US have left behind their toughest week since February 2025, giving a strong signal of risk appetite in the markets. While there was a net outflow from funds of $1.33 billion in the shortened four-trading-day week, the chart revealed a complete reversal of the previous week’s strong inflows. Selling pressure in the markets, which were closed on Monday due to the holiday, intensified especially in the first half of the week. During the same period, Ethereum ETFs followed a similar direction, while Solana products showed positive divergence, albeit limited.
Heavy Exit Wave in Bitcoin ETFs
US spot Bitcoin ETFs, Martin Luther King Jr. The trading week, which lasted four days due to the day, witnessed a remarkable unraveling on a historical scale. The heaviest pressure of the week was seen on Wednesday, and $709 million left the funds in a single session. Tuesday’s outflow of $483 million made up the bulk of the weekly total. Although the numbers dropped on Thursday and Friday, the entire week closed in the negative zone.
The movement in question is not just a short-term fluctuation. The last time there was an outflow of $2.61 billion from ETFs in the last week of February 2025, and the Bitcoin price retreated sharply from record levels. At that time, market volatility peaked and a record $1.14 billion was recorded in a single day. The picture in the last week points to a risk reduction behavior reminiscent of that process.
BlackRock’s product, which is the largest spot Bitcoin ETF, recorded net outflows on all four trading days of the week. The fund, which has an asset size of approximately $69.75 billion, represents approximately 3.9% of the Bitcoin supply. Despite all this pullback, total net capital entering US spot Bitcoin ETFs since launch in January 2024 stands at $56.5 billion.
There is Divergence on Ethereum, Solana and XRP
The dissolution on the Bitcoin side was also reflected in Ethereum ETFs. Spot Ethereum products closed the week with a net outflow of $611 million. The harshest movement occurred on Wednesday, and $298 million was withdrawn from the funds in a single session. The $230 million outflow recorded on Tuesday was the main source of the weekly loss. The fact that strong entries were seen in the previous week showed that the change in direction was sudden and obvious.
The total net asset size of Ethereum ETFs stands at around $17.7 billion, while cumulative net inflows since launch in July 2024 stand at $12.3 billion. Still, the chart in the last week reveals that investors are becoming more cautious towards risky digital assets.
In contrast, Solana ETFs bucked the trend. Net inflows of $9.6 million were recorded over the four trading days, and the funds maintained positive flows in consecutive weeks. XRP ETFs had a volatile week; Although a net outflow of 40.6 million dollars was seen on a weekly basis, a limited recovery was noted in the last days of the week. The fact that Bitcoin investors started selling by writing losses again in on-chain data provides a background that supports this change in direction on the ETF front.
