Blackrock and Ark Drive $1B Bitcoin ETF Selloff as XRP Demand Accelerates

📄Full Article· Automatically extracted by trafilatura4228 words

A sharp reversal saw bitcoin funds snap a six-week inflow streak, recording $1 billion in net outflows. Ether products also remained under pressure, while XRP and solana ETFs emerged as relative bright spots, continuing to attract fresh institutional capital. Blackrock and Ark Drive $1B Bitcoin ETF Selloff as XRP Demand Accelerates Key Takeaways - Bitcoin ETFs lost $1B, ending a 6-week inflow streak led by ARKB and IBIT exits. - Ether ETFs shed $255M, while XRP and solana gained $60.5M and $58.12M, respectively. - XRP and solana demand rose as investors favored crypto assets tied to regulation and utility. Franklin and Bitwise Drive XRP ETF Gains as Bitcoin Sentiment Weakens The mood in digital asset markets shifted decisively between May 11 and May 15. What began as a cautious pullback quickly evolved into one of the weakest weeks for bitcoin exchange-traded funds (ETFs) in recent months, driven by heavy institutional selling across several of the market’s largest funds. Spot bitcoin ETFs recorded a net outflow of $1 billion for the week, ending six consecutive weeks of positive flows. The pressure was widespread, but a handful of products accounted for the bulk of the decline. Ark & 21Shares’ ARKB led all outflows with $324.2 million leaving the fund. Blackrock’s IBIT followed closely, with $317.1 million in net outflows, a notable shift for a product that has often served as the market’s strongest inflow engine. Fidelity’s FBTC lost another $259 million, while Grayscale’s GBTC posted $92.8 million in outflows. Additional weakness came from Bitwise’s BITB and Franklin’s EZBC, which shed $46.8 million and $21 million, respectively. There were only a few pockets of resilience. Morgan Stanley’s MSBT stood out with $39.1 million in inflows, while Vaneck’s HODL and Grayscale’s BTC product added $12.1 million and $12.6 million. Invesco’s BTCO managed a marginal positive flow of $1.6 million. Despite the heavy withdrawals, trading activity remained elevated throughout the week, signaling that institutional participation has not faded even as sentiment turns more defensive. Ether ETFs faced a similarly difficult environment. Spot ether funds recorded a weekly net outflow of $255.11 million, extending a broader period of caution around the asset class. Blackrock’s ETHA and Fidelity’s FETH consistently led the declines during the week, with several sessions marked by sizable institutional exits. Blackrock’s ETHB occasionally attracted inflows and acted as a partial stabilizer, but the support was not enough to reverse the broader negative trend. The divergence became more apparent outside the two largest crypto assets. Spot XRP ETFs recorded a net inflow of $60.50 million for the week, making them one of the strongest-performing categories in the broader crypto ETF market. Investor appetite remained steady across products from Franklin, Bitwise, Canary, and Grayscale, reflecting growing interest in XRP-related infrastructure and regulatory narratives. Momentum around the proposed CLARITY Act also appeared to support sentiment. Market participants increasingly view XRP as a potential beneficiary of clearer digital asset regulation and institutional settlement adoption. Solana ETFs also attracted consistent demand, posting net inflows of $58.12 million over the week. Bitwise’s BSOL and Fidelity’s FSOL led most of the gains, with investors continuing to position around Solana’s growing ecosystem and institutional relevance. The week ultimately highlighted a changing dynamic within crypto ETF markets. Capital is no longer flowing uniformly into bitcoin and ether. Instead, investors are becoming more selective, rotating toward assets tied to emerging utility, scalability, and regulatory clarity. For now, the broad institutional appetite for crypto remains intact. Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of… Read NowBitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of…

Data Status✓ Full text extractedRead Original (Bitcoin.com)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-14

Blackrock Leads $635M Bitcoin ETF Selloff as Solana Demand Holds Firm

2026-05-20

Blackrock Drives $331M Bitcoin ETF Outflow as XRP and Solana Funds Attract Inflows

2026-05-15

Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B

2026-04-30

Blackrock Pulls $54M From IBIT as Bitcoin ETF Slide Pushes Assets Below $100B

2026-04-25

Bitcoin ETFs Add $14M as Inflow Streak Hits Nine Days, Blackrock’s IBIT Leads Demand