Bitcoin, Ether ETFs Lose $391M as Single-Day Rebound Vanishes

The speed of the reversal offers a useful read on institutional conviction. Investors remain willing to re-enter bitcoin, yet those allocations are proving sensitive to changes in sentiment. Bitcoin ETFs are now down roughly $151 million through the first three sessions of the week.

For bitcoin’s price, that leaves ETF demand looking less like a stable floor and more like an active source of two-way positioning.

Ether’s 1-Day Recovery Proves Fragile

Ether ETFs followed a similar pattern.

Tuesday’s $24.84 million inflow ended 10 consecutive sessions of withdrawals. Wednesday brought a $129.51 million exit, quickly restoring the dominant trend.

Blackrock’s ETHA lost $109.83 million, while Grayscale’s Ether Mini Trust shed $18.76 million and Franklin’s EZET recorded a smaller $919,290 withdrawal. Trading activity across the $ETH products reached $866.09 million, with net assets dropping to $15.20 billion.

Ether funds have now lost about $190 million this week alone. The brief positive session offered little evidence that the broader institutional de-risking cycle has finished.

Solana and $HYPE Show Broader Risk Reduction

Pressure remained visible further down the crypto risk curve.

Solana ETFs lost $1.29 million through Bitwise’s BSOL, extending their outflow streak to eight consecutive sessions. Net assets declined to $1.66 billion.