Crypto fund flows diverge

Crypto fund flows showed divergence in the past week: about $326 million of outflows from Bitcoin funds—reportedly including $229 million from Fidelity’s FBTC—while Ethereum ETFs saw roughly $187 million of inflows and cumulative inflows near $11.68 billion. Those numbers came from market‑roundup coverage of ETF flows amid recent price moves (youtube.com).

Money is moving in opposite directions inside the crypto fund market: U.S. spot Bitcoin exchange-traded funds posted a $291.1 million net outflow on April 13, while spot Ethereum funds kept taking in cash. (farside.co.uk) (kucoin.com) Fidelity’s Fidelity Wise Origin Bitcoin Fund led the April 13 Bitcoin withdrawals with a $229 million outflow, while BlackRock’s iShares Bitcoin Trust still pulled in $34.7 million the same day. (kucoin.com) (farside.co.uk) Ethereum’s side of the market looked different over the prior full week: U.S. spot Ethereum exchange-traded funds took in about $187.1 million from April 6 through April 10, the strongest weekly result since mid-January. (incrypted.com) (coincentral.com) Those Ethereum products have now absorbed roughly $11.68 billion in cumulative net inflows since launch, according to SoSoValue figures cited across April 13 and April 14 market reports. (coincentral.com) (binance.com) An exchange-traded fund is a stock-market wrapper that lets investors buy Bitcoin or Ether in a brokerage account instead of holding tokens directly in a crypto wallet. BlackRock says its iShares Ethereum Trust ETF is built to track the price of ether inside that traditional fund structure. (blackrock.com) (ishares.com) The split comes after a choppy stretch for crypto funds. Farside’s daily table shows U.S. spot Bitcoin funds swung from a $471.4 million inflow on April 6 to a $159.1 million outflow on April 7, then back to a $358.1 million inflow on April 9 and a $256.7 million inflow on April 10 before Monday’s reversal. (farside.co.uk) The Ethereum rebound also followed three straight weeks of outflows, according to SoSoValue-based reports, making last week’s $187 million intake a break in trend rather than a continuation of steady buying. (coincentral.com) (incrypted.com) Fidelity’s Bitcoin fund remains one of the biggest vehicles in the category despite the one-day exit. Fidelity’s market page showed 215.2 million shares outstanding on April 14, and third-party market data put assets near $13.8 billion. (digital.fidelity.com) (stockanalysis.com) For now, the clearest signal is not a broad retreat from crypto funds but a rotation inside them: Bitcoin funds lost cash on April 13, and Ethereum funds are coming off their strongest week of 2026. (farside.co.uk) (coincentral.com)

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