Ishares, Fidelity, Wiseorigin, Grayscale & Ark21shares face a $41.20 million decline

Over the past 30 days, the Crypto ETF market has experienced significant outflows, totaling $41.2 million. Data shows that major cryptographic ETFs maintain $113.74 billion in assets under management (AUM) in current statistics. Bitcoin ETF manages its largest sector AUM at $104.4 billion, while Ethereum ETF maintains a $9.2 billion AUM.

Bitcoin ETF sees a positive trend, Ethereum ETF fights

The Bitcoin ETF category experienced an influx of $22.1 million despite a decline in overall total net flow. Market fluctuations have not stopped investors who currently remain confident in funding BTC-based funds. The Ethereum ETF experienced a major downfall when investors removed $63.3 million from the funds. Investor sentiment shows investors are showing greater interest in Bitcoin than Ethereum-based ETFs.

Top 5 Crypto ETFs and their performance

• Cryptocurrency ETF leader Ishares Bitcoin Trust (IBIT) leads assets trading at a market capitalization of $51.7 billion and a trading volume of $2.4 billion, exceeding $50.3 billion.
• The Fidelity Wise Origin Bitcoin Fund (FBTC) will appear in its second position with a market capitalization of $18 billion with a $18.1 billion and a $286.6 million trade.
• Grayscale Bitcoin Trust (GBTC) ranks third in terms of Cryptocurrency Trust Management, which matches its $17.7 billion assets with a market capitalization of $17.7 billion and a trading volume of $150.5 million.
• The Ark 21Shares Bitcoin ETF manages $4.3 billion in assets, has a market capitalization of $4.5 billion and has a trading activity of $93.4 million.
• Meanwhile, Grayscale Bitcoin Mini Trust (BTC) holds $4 billion in assets, a market capitalization of $3.8 billion and a trading volume of $37.7 million.

Market outlook and investors’ sentiment

Recent statistics show that investors are changing their approach to cryptocurrency ETFs. While investors’ participation in Bitcoin ETFs remains consistent, Ethereum-based funds face a significant decline in customer interest. The gap between Bitcoin and Ethereum has increased as the agency has begun adopting Bitcoin as long-term value storage and Ethereum must address regulatory and network development needs.

The $412 million net outflow did not affect the strong state of the crypto ETF market as the total assets of managed assets are now above $113 billion. Future growth in cryptocurrency ETF investments will depend on economic development, along with changes in regulations and increasing acceptance of these funds due to markets.