Crypto ETFs Snap Outflow Streak as Bitcoin, Ethereum Funds Pull In $380M

Crypto prices may be flagging, but Bitcoin and Ethereum ETFs saw positive flows last week. After three straight weeks of heavy redemptions, the $2.4B early-November wipeout, followed by $1.32B and then $1.58B outgoing flows, last week finally broke the streak. Data from Farside Investors shows that from Nov. 24–28, spot Bitcoin and Ethereum ETFs collectively logged a net inflow of more than $380 million, the first positive week after nearly a month of steady selling pressure. The flow change wasn’t explosive, but it was meaningful. Instead of the aggressive profit-taking that defined most of November, issuers posted steadier sessions, with only one major down day and a gradual return of inflows across both asset classes. Bitcoin ETF Weekly Flow Summary (Top issuers — Nov. 24–28, 2025) ETF IssuerAUM (US$)Inflows (US$m)Outflows (US$m)Net Flow (US$m)BlackRock (IBIT)$66.75B125.8–262.8–137.0Fidelity (FBTC)$17.16B263.8–33.3+230.5Bitwise (BITB)$3.44B0.0–18.1–18.1Ark (ARKB)$3.35B94.0–87.5+6.5Invesco (BTCO)$524.21M0.00.00.0Grayscale (BTC)$4.17B8.90.0+8.9Grayscale (GBTC)$14.38B10.70.0+10.7 Total Inflows: ≈ $503.2M Total Outflows: ≈ –$400.9M Net Flow: ≈ +$102.3M Bitcoin ETFs finally flipped green, led strongly by Fidelity with a $230.5 million gain, its best week since mid-October. BlackRock remained mixed, recording several heavy outflow sessions but offsetting part of the damage with positive mid-week prints. Grayscale unexpectedly contributed $19.6 million in inflows across GBTC and BTC, adding support to the overall weekly reversal. Ethereum ETF Weekly Flow Summary (Top issuers — Nov. 24–28, 2025) ETF IssuerAUM (US$)Inflows (US$m)Outflows (US$m)Net Flow (US$m)BlackRock (ETHA)$7.92B257.2–2.2+255.0Fidelity (FETH)$1.87B47.50.0+47.5Bitwise (ETHW)$602.4M4.3–4.30.021Shares (TETH)$1.11B0.70.0+0.7VanEck (ETHV)$353.7M0.00.00.0Grayscale (ETHE)unchanged AUM0.0–23.3–23.3 Total Inflows: ≈ $309.7M Total Outflows: ≈ –$29.8M Net Flow: ≈ +279.9M Ethereum flows were the standout story of the week. BlackRock’s ETHA posted a striking $255 million net inflow, the largest single-week gain for any ETH issuer this month, while Fidelity added another $47.5 million. Only Grayscale saw mild pressure, but the impact was small relative to the strong inflow momentum elsewhere. Will December Deliver a ‘Decem-back?’ With November’s outflow storm finally easing, attention now turns to December, and whether the market is setting up for a “Decem-back” that could rewrite the ETF narrative into year-end. A key driver will be macro policy. Investors are increasingly expecting the Fed to signal clearer 2026 rate-cut timelines this month. Any confirmation of more accommodative monetary conditions would likely support BTC and ETH prices, and historically, ETF flows tend to strengthen when the crypto market confidence improves. Bitcoin is now trading around $86,000 after slipping back from last week’s brief move to $87K. Bitcoin price Source: TradingView  Ethereum is trading around $2,837, holding its trendline after rebounding from last week’s dip into the low $2,800s. Ethereum price Source: TradingView  If macro conditions ease and prices remain firm, December could see inflows accelerate meaningfully, potentially reversing much of November’s damage. After a month of turbulence, the market is finally positioned for a cleaner setup heading into the year-end.