Bitcoin and Ethereum ETF Flows Dwindle, Goldman Sachs Unveils $1.5B Holdings

Key Takeaways

• U.S. spot Bitcoin ETFs hold $111.78 billion in BTC or 5.92% of its market cap.
• Goldman Sachs holds $1.27 billion in BlackRock’s BTC ETF and $288 million in Fidelity’s.
• U.S. spot Ethereum ETFs command $9.84 billion in net assets or 3.14% of ETH’s market cap.

An uncertain market has given investors the jitters as U.S. spot Bitcoin ( BTC ) and Ethereum (ETH) exchange-traded funds (ETFs) record below-average flows and trading volumes.

Bitcoin ETFs

As per data from SoSoValue, Bitcoin ETFs have posted daily total outflows of $65.76 million on Feb. 11, 2025, marking day two of outflows amid a broader crypto market shakeup.

Meanwhile, investment banking behemoth Goldman Sachs has revealed it’s one of the largest backers of BTC ETFs with a massive $1.57 billion investment split across BlackRock and Fidelity BTC ETFs.

Bitcoin ETF flows. Source: SoSoValue

BlackRock’s iShares Bitcoin Trust (IBIT) posted $23.8 million in net inflows. To date, IBIT has pulled $40.87 billion in cumulative net inflows and commands %55.83 billion in net assets.

The Fidelity Wise Origin Bitcoin Fund (FBTC) leads the losses with $43.63 million in net outflows. FBTC is the second-best-performing fund by cumulative net inflows, which as of today stands at $12.06 billion.

As for smaller losses, the Franklin Templeton Digital Holdings Trust (EZBZ) shed $11.03 million. It’s followed by the Invesco Galaxy Bitcoin ETF (BTCO), which posted $9.51 million in net outflows.

Similarly, the Bitwise Bitcoin ETF (BITB) posted $9.32 million in net outflows. Finally, WisdomTree’s Bitcoin Trust (BTCW) posted a modest $7.06 million in outflows.

Ethereum ETFs

As per SoSoValue, Ethereum ETFs have seen drastically reduced flows following last week’s sizeable inflows, pulling just $ 12.58 million in combined net inflows on Feb. 11, 2025.

Ethereum ETF flows. Source: SoSoValue

However, BlackRock’s iShares Ethereum Trust (ETHA) was the only fund to see action either way, being the sole fund to pull $12.58 million in net inflows.

With $4.44 billion in cumulative net inflows, and $3.53 billion in net assets, BlackRock’s also leads the U.S. ETH ETF market.