After two consecutive days of positive inflows, U.S. spot Bitcoin ETFs saw net outflows of $18.66 million on Tuesday.
The FBTC fund by Fidelity led the outflows, with a withdrawal of $48.82 million, according to Farside data. Grayscale’s GBTC, the second-largest Bitcoin ETF by assets, also experienced an outflow of $9.41 million following a day of inactivity.
In contrast, IBIT by BlackRock, the largest Bitcoin ETF, attracted inflows of $39.57 million, while the other nine Bitcoin ETFs saw no movement. The total trading volume across these 12 funds increased to $1.35 billion on Tuesday, up from $1.22 billion on Monday.
Ethereum ETFs also recorded net outflows. After a quiet Monday, $8.19 million were withdrawn on Tuesday. Bitwise’s ETHW fund led with outflows of $4.54 million, followed by Fidelity’s FETH with $3.65 million in withdrawals. The other seven Ethereum ETFs did not report any changes, with total trading volume dropping to $102.37 million, down from $118.43 million on Monday.