CMC News

#Bitcoin and #Ethereum ETFs Post First Positive Week Since October

U.S. spot $BTC and $ETH exchange-traded funds have posted their first combined week of net inflows since late October, signaling a potential turnaround following a brutal stretch of institutional #outflows. The reversal came during a holiday-shortened trading week.

Spot $BTC ETFs recorded approximately $70.1 million in net inflows for the week ending Nov. 28, which included just four trading days due to the Thanksgiving holiday, according to SoSoValue data. Spot $ETH ETFs performed even better, logging roughly $312.6 million in net inflows over the same period.

The positive flows mark a sharp departure from recent weeks. Spot $BTC ETFs had shed $1.22 billion the week prior, extending their outflow streak to four consecutive weeks with cumulative losses totaling more than $4.3 billion.

Spot $ETH ETFs similarly experienced three straight weeks of outflows, culminating in $500.3 million in redemptions the week ended Nov. 21. The worst week for $ETH funds occurred during the period ending Nov. 14, 2025, when investors pulled $728.6 million.

On Friday, U.S. spot $BTC ETFs saw $71.4 million in net inflows, with Ark & 21Shares' ARKB leading the day at $88.0 million, per SoSoValue. Fidelity's FBTC added $77.5 million, while Grayscale's GBTC and BTC products contributed $10.7 million and $8.9 million, respectively.

BlackRock's industry-leading IBIT fund logged $113.7 million worth of outflows on Friday despite net inflows on Tuesday and Wednesday. IBIT ended the week with $137.0 million worth of net outflows but remains the largest spot BTC ETF by assets under #management, holding $70.7 billion worth of BTC, about 3.9% of all BTC in existence.

Spot ETH #ETFs posted $76.55 million in net inflows on Friday, led by BlackRock's ETHA with $68.27 million. Grayscale's ETHE added $8.28 million, while other funds recorded zero flows for the day, per SoSoValue data.