Recent weeks have seen a significant withdrawal of capital from spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs), totaling nearly $1.7 billion. This outflow suggests a shift in investor sentiment within the digital asset ETF market, diverging from previous periods of substantial inflows.
The sector dedicated to spot Bitcoin ETFs experienced an outflow of approximately $902.5 million during the week of September 22nd to September 26th, 2025. This substantial disinvestment signals a notable retrenchment by investors from these digital asset-backed investment vehicles.
Concurrently, spot Ethereum ETFs faced even more pronounced withdrawals, with a total of $795.56 million exiting the market. This combined outflow from both major digital asset ETFs highlights a broader trend of capital reallocation or a pause in bullish sentiment among institutional and retail investors engaging with these products.
Within the Bitcoin ETF landscape, the majority of funds saw net outflows. Specifically, FBTC recorded an outflow of $737.76 million, followed by ARKB with $123.28 million, and BITB at $92.38 million. GBTC also contributed to the net outflow with $84.69 million. Other funds such as HODL, BTC, EZBC, and BRRR experienced smaller outflows ranging from $13.19 million down to $4.96 million.
However, this trend was not uniform across all Bitcoin ETFs. While most funds saw capital depart, two, BTCW and DEFI, did not attract new assets. In contrast, IBIT managed to attract $173.88 million, and BTCO saw inflows of $10.02 million, indicating pockets of sustained investor interest.
The Ethereum ETF segment was characterized by a near-universal outflow. Fidelity’s FETH experienced the largest withdrawal at $362.25 million. BlackRock’s ETHA followed with an outflow of $241.41 million. Bitwise’s ETHW and Grayscale’s ETH and ETHE saw outflows of $78.26 million, $67.96 million, and $38.37 million, respectively. Smaller outflows were also recorded for EZET from Franklin Templeton ($2.98 million), QETH from Invesco ($2.34 million), ETHV from VanEck ($1.44 million), and TETH from 21Shares ($0.55 million).
These recent outflows contrast sharply with the preceding week, which had seen inflows exceeding $1.4 billion into Bitcoin and Ethereum ETFs. This reversal underscores the dynamic and often volatile nature of investor participation in the digital asset ETF market. The reasons behind this shift could be multifaceted, including broader market corrections, macroeconomic concerns, or a reassessment of the risk-reward profile of these assets by institutional investors.
Jason Walker, aka “Crypto Maverick,” is the energetic new member of cryptovista360.com. With a background in digital finance and a passion for blockchain, he makes complex crypto topics engaging and accessible. His mix of analysis and humor simplifies volatile market trends. Outside work, Jason explores tech, enjoys spontaneous road trips, and American cuisine. Crypto Maverick is ready to guide you through the ever-changing crypto landscape with insight and a smile.