While Bitcoin and Ethereum ETFs recorded significant investor withdrawals, Solana and XRP funds continued attracting steady inflows.
Bitcoin’s repeated failure to break above the $82,000 level over the past week may have been influenced in part by weakening sentiment surrounding US spot ETFs.
Ethereum ETFs faced even greater pressure, ending the week without a single day of positive inflows.
Bitcoin ETFs Suffer Worst Week Since January
The previous trading week ending May 6 delivered strong momentum for spot Bitcoin ETFs, which attracted more than $620 million in net inflows. That performance extended a six week streak of positive institutional demand.
However, the trend reversed sharply over the last five trading sessions. According to data from SoSoValue, investors pulled nearly $1 billion from Bitcoin ETFs, causing cumulative net inflows to decline from $59.34 billion to $58.34 billion.
Among the biggest outflow days, May 13 recorded the heaviest losses with $635 billion withdrawn. May 15 followed with $290 million in outflows, while May 12 saw another $233 million leave the market.
The only positive sessions came on Monday and Thursday, though gains remained relatively modest at $28.3 million and $131.31 million respectively.
This marked the weakest week for Bitcoin ETFs since late January, when institutional investors were aggressively reducing exposure.
At the same time, bitcoin attempted several breakouts above the upper limit of its consolidation range near $82,000 but failed on each occasion. The latest rejection came after the CLARITY Act advanced through the Senate Banking Committee on Thursday, triggering another selloff that pushed BTC from $82,000 to below $78,000 by Friday and Saturday.
Ethereum ETFs Extend Losing Streak
Spot Ethereum ETFs delivered an even more concerning performance throughout the week, recording net outflows every single trading day.
Investors withdrew $16.9 million on Monday, followed by a massive $130.62 million on Tuesday. Wednesday saw another $36.3 million leave the funds, while Thursday and Friday recorded additional outflows of $5.65 million and $65.65 million respectively.
By the end of the week, Ethereum ETFs had lost more than $255 million in total, representing their worst weekly performance since late January.
Bloomberg ETF analyst James Seyffart also highlighted the widening gap between Bitcoin and Ethereum ETF performance, pointing to a difficult period for investors seeking exposure to ETH through institutional products.
Ethereum’s price action mirrored the weakness in fund flows. ETH was unable to maintain momentum above the $2,400 level earlier in the week and has since fallen below $2,200.
Solana and XRP ETFs Defy Market Weakness
In contrast to the heavy losses recorded by Bitcoin and Ethereum ETFs, funds tied to Solana and XRP finished the week entirely in positive territory without a single day of outflows.
Ripple ETFs posted their strongest weekly performance since December, while Solana investment products also enjoyed one of their best weeks in months, highlighting growing investor interest in alternative crypto assets despite broader market uncertainty.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
