Fidelity and Grayscale Drive Major ETF Outflows on May 14

By: cryptosheadlines|2025/05/15 11:15:05
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Fidelity Bitcoin ETF lost 873 BTC in a day, totaling $90.69M in outflows.Ethereum ETFs saw weekly outflows of 18,129 ETH, mainly from Fidelity and Grayscale.Franklin and Invesco ETFs recorded rare inflows in an otherwise red day for crypto funds.Bitcoin and Ethereum exchange-traded funds (ETFs) recorded net outflows on May 14, 2025, according to data from Lookonchain. This combined pullback from crypto ETFs reflects a degree of investor caution or profit-taking, despite generally strong holdings remaining across these top investment vehicles.Fidelity Bitcoin ETF Sees Major WithdrawalThe Fidelity Wise Origin Bitcoin Fund (FBTC) reported the largest single-day outflow, shedding 873 BTC worth around $90.69 million. Despite the dip, Fidelity still holds 198,247 BTC, valued at roughly $20.6 billion.This drop contributed to the overall net outflow of 915 BTC across 10 major Bitcoin ETFs. The total Bitcoin held by these funds now stands at 1,172,985 BTC, equivalent to $121.89 billion.Bitcoin ETF Daily Flows: Fidelity and Grayscale See Outflows. Source: Lookonchain on XOther established Bitcoin ETFs, including the Grayscale Bitcoin Trust (GBTC), also saw exits. GBTC lost 331 BTC on the day and 1,956 BTC over the past week. However, iShares Bitcoin Trust (IBIT), the largest with 625,736 BTC, recorded no daily movement but added 5,204 BTC over the week.In contrast to the outflows, Valkyrie (BRRR) and Invesco Galaxy (BTCO) saw modest inflows of 89 BTC and 200 BTC, respectively, helping offset losses. Funds from ARK 21Shares, Bitwise, and VanEck remained neutral with no daily changes reported by Lookonchain.Ethereum ETFs Suffer Deeper Weekly Outflow PressureEthereum ETFs experienced even higher weekly pressure compared to their Bitcoin counterparts, logging a combined outflow of 18,129 ETH over the past seven days. On May 14 alone, net outflows reached 1,979 ETH, equivalent to $5.15 million.Ethereum ETF Outflows Surge Led by Grayscale and Fidelity. Source: Lookonchain on XThe Fidelity Ethereum Fund (FETH) led with a weekly exit of 12,489 ETH. Meanwhile, the Grayscale Ethereum Trust (ETHE) saw 3,983 ETH leave in 24 hours, totaling 4,448 ETH out over the week.Despite losses, ETHE still holds 1,129,089 ETH, worth about $2.94 billion. iShares Ethereum Trust (ETHA), the largest with 1,259,017 ETH, remained unchanged but saw a 7-day outflow of 4,541 ETH.On a positive note for Ethereum ETFs, Franklin’s Ethereum ETF (EZET) reported the strongest single-day inflow of 1,139 ETH. Invesco Galaxy’s QETH followed with 866 ETH. Both marked the only positive flows in the group.Overall, the nine Ethereum ETFs monitored by Lookonchain now hold a combined 3,441,744 ETH, worth approximately $8.95 billion.The Lookonchain crypto ETF data suggests investors appear to be rotating capital or locking in profits, while waiting for stronger, more definitive signals from the broader crypto market.Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Source link

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