Fidelity and Grayscale Lead Outflows as Bitcoin and Ethereum ETFs See Red on May 14
By: cryptonews|2025/05/15 13:00:13
0
Share
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 Withdrawal The 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. Other 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 Pressure Ethereum 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. The 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.
You may also like

Hawkish Signal in Tightening Mode | Rewire News Brief
Maintaining the interest rate unchanged is within expectations; beyond expectations is the dot plot

x402 and AI Agents: An Emerging Data Economy
x402 How to Perfectly Combine with Data Aggregation and Management?

Illustration: Despite 6 consecutive interest rate cuts, the interest rate outlook is trending upward
Nobody knows the answer, including the Fed itself

SpaceX is playing hardball with Nasdaq at the negotiation table, while Hyperliquid has already flipped the table.
A Cross-Section of Capital Market Gravity Direction Change

Bloomberg: Once Blacklisted by the U.S., Bitmain Finds a New Powerful Backer
Bitmain has been embroiled in mining rig security controversies for years, but that has not stopped it from engaging in business partnerships with key members of the US presidential family.

Three Charts Explain Why S&P Authorized Its Brand to trade.xyz
Over 100x Growth in 6 Months

After the SEC and CFTC Join Forces, What Can the Crypto Market Look Forward To?
Regulation is the starting point; a bull market depends on traditional fund inflows

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil
The narrative of RWA is not about traditional finance capturing crypto users, but rather crypto capturing traditional users.

Morning Report | Kraken freezes IPO plans due to difficult market conditions; Polymarket acquires DeFi infrastructure Brahma; World launches AgentKit integrated with Coinbase
Overview of Important Market Events on March 18

Bitmain, mired in controversy, has found its strongest backing in the United States
Bitmain has been mired in controversies over the safety of its mining machines for years, but this has not stopped it from engaging in business cooperation with key members of the U.S. presidential family.

Full text of the Federal Reserve's decision: Maintain interest rates unchanged and expect one rate cut within the year, with Governor Mulan casting a dissenting vote
The Federal Reserve has again kept interest rates unchanged, stating that the situation in the Middle East has an uncertain impact for now. Governor Milan believes that interest rates should be cut by 25 basis points. The dot plot still indicates an expected rate cut once this year.

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years
Tally chooses to take proactive stop-loss measures instead of stubbornly selling tokens and making promises that cannot be fulfilled.

SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…

Institutional Confidence in Crypto’s 2026 Growth Trajectory
Key Takeaways: A significant 73% of institutional investors plan to increase their crypto holdings by 2026. Exchange-traded products…

Ethereum Reduces Bridge Times by 98% with Fast Confirmation Rule
Key Takeaways: Ethereum introduces the Fast Confirmation Rule (FCR) aiming to cut bridge times from L1 to L2…

Crypto Firms Advocate DeFi Education in US Colleges
Key Takeaways: Twenty-one crypto organizations have called on US colleges to integrate decentralized finance (DeFi) into their curricula…

RedotPay Reorganizes Amidst Funding Tries and IPO Goals
Key Takeaways: RedotPay is facing leadership changes and concerns over its connections with mainland China while eyeing a…
Hawkish Signal in Tightening Mode | Rewire News Brief
Maintaining the interest rate unchanged is within expectations; beyond expectations is the dot plot
x402 and AI Agents: An Emerging Data Economy
x402 How to Perfectly Combine with Data Aggregation and Management?
Illustration: Despite 6 consecutive interest rate cuts, the interest rate outlook is trending upward
Nobody knows the answer, including the Fed itself
SpaceX is playing hardball with Nasdaq at the negotiation table, while Hyperliquid has already flipped the table.
A Cross-Section of Capital Market Gravity Direction Change
Bloomberg: Once Blacklisted by the U.S., Bitmain Finds a New Powerful Backer
Bitmain has been embroiled in mining rig security controversies for years, but that has not stopped it from engaging in business partnerships with key members of the US presidential family.
Three Charts Explain Why S&P Authorized Its Brand to trade.xyz
Over 100x Growth in 6 Months