Key Takeaways
- Bitcoin ETFs lost $95.30M and Ether ETFs shed $52.08M, ending recent inflow streaks.
- Solana ETFs saw small outflows, while HYPE and XRP ETFs recorded no trading activity.
- Japan signaled plans to study crypto ETFs as global digital asset adoption expands.
Japan Weighs Crypto ETFs as Bitcoin and Ether Funds Return to Outflows
The recovery lost momentum before it could become a trend.
After several sessions of improving flows, bitcoin and ether funds resumed redemptions. Trading volumes were lighter, and the tone was cautious. Investors were still present, but conviction looked thinner.
Bitcoin and Ether Return to Outflows
Bitcoin ETFs recorded $95.30 million in net outflows, led by exits from two major funds.
Fidelity’s FBTC lost $63.25 million, while Ark & 21Shares’ ARKB saw $39.93 million leave the fund. Those redemptions were only partly offset by smaller inflows elsewhere.
Vaneck’s HODL added $5.36 million, Morgan Stanley’s MSBT drew $2.17 million, and Bitwise’s BITB brought in $343,040. Total bitcoin ETF value traded was $1.38 billion, while total net assets closed at $76.51 billion.
Ether ETFs also turned lower after five straight days of inflows. The category posted $52.08 million in net outflows.
Fidelity’s FETH led the exits with $33.96 million. Blackrock’s ETHA lost $12.67 million, Bitwise’s ETHW saw $2.75 million leave, and BlackRock’s ETHB recorded a $2.70 million outflow. Total ether ETF value traded stood at $234.92 million, with net assets closing at $9.34 billion.
Solana Slips as Japan Signals ETF Ambitions
Solana ETFs recorded a modest $605,110 net outflow. Invesco’s QSOL accounted for the sale with a $941,370 exit.
That was softened by inflows of $260,680 into Vaneck’s VSOL and $75,580 into 21Shares’ TSOL. Total solana ETF value traded reached $46.31 million, while net assets closed at $904.67 million.
HYPE and XRP ETFs saw no trading activity for the day.
Away from U.S. flows, Japan’s crypto ETF debate continued to build. At the “Open QUICK 2026” seminar, Finance Minister Satsuki Katayama signaled that Japan wants to examine a legal path for crypto ETFs as overseas trading expands.
The comments follow a broader push to bring digital assets closer to traditional market infrastructure, with Japan’s Financial Services Agency also moving toward a regulatory overhaul for crypto assets.
Thursday’s flows showed a market still trying to stabilize. Bitcoin and ether remain vulnerable to renewed selling, while solana’s small exit and quiet sessions in HYPE and XRP pointed to a slower, more selective tape.
