Crypto ETF Week — May 11–15, 2026: net -$1.1B
This week saw a significant drop in net flows for crypto ETFs, with a total of -$1.1B. However, several assets like SOL and XRP showed positive inflows.
TL;DR
- Net flow: -$1.1B
- Total inflows: +$191.3M
- Total outflows: -$1.3B
- Strongest day: May 14 (+$151.1M) · Weakest day: May 13 (-$656.9M)
Weekly Overview
During the week of May 11–15, 2026, the net direction of flows for spot crypto ETFs was negative, totaling -$1.1B. Despite this overall decline, 9 of the 13 tracked assets recorded inflows, with notable contributions from SOL, XRP, and HYPE.
Flows by Asset
BTC
Net: -$995.5M / Inflow: +$65.4M / Outflow: -$1.1B
| Fund | Flow |
|---|---|
| 21Shares | -$324.2M |
| BlackRock | -$317.1M |
| Fidelity | -$259.0M |
| Grayscale | -$92.8M |
| Bitwise | -$46.8M |
| Morgan Stanley | +$39.1M |
| Franklin | -$21.0M |
| Grayscale BTC | +$12.6M |
| VanEck | +$12.1M |
| Invesco | +$1.6M |
ETH
Net: -$255.2M / Inflow: +$6.7M / Outflow: -$261.9M
| Fund | Flow |
|---|---|
| BlackRock | -$184.6M |
| Fidelity | -$59.9M |
| Grayscale ETH | -$9.8M |
| Grayscale | -$7.6M |
| BlackRock ETHB | +$5.7M |
| Franklin | +$0.9M |
| VanEck | +$0.1M |
SOL
Net: +$58.2M / Inflow: +$58.2M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Bitwise | +$41.4M |
| Fidelity | +$10.4M |
| Grayscale | +$6.4M |
XRP
Net: +$41.4M / Inflow: +$41.4M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Bitwise | +$17.6M |
| Franklin | +$14.4M |
| Canary | +$4.5M |
| Grayscale | +$4.2M |
| 21Shares | +$0.8M |
HYPE
Net: +$12.6M / Inflow: +$12.6M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| 21Shares THYP | +$10.6M |
| Bitwise BHYP | +$2.0M |
LINK
Net: +$4.3M / Inflow: +$3.7M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$3.7M |
SUI
Net: +$1.5M / Inflow: +$1.5M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$1.5M |
HBAR
Net: +$1.1M / Inflow: +$1.1M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Canary | +$1.1M |
DOGE
Net: +$0.7M / Inflow: +$0.7M / Outflow: $0.0M
| Fund | Flow |
|---|---|
| Grayscale | +$0.7M |
Daily Breakdown
| Date | Net flow |
|---|---|
| May 11 | +$57.0M |
| May 12 | -$338.7M |
| May 13 | -$656.9M |
| May 14 | +$151.1M |
| May 15 | -$343.4M |
Biggest Fund Moves
Largest inflows
- Bitwise (SOL): +$41.4M
- Morgan Stanley (BTC): +$39.1M
- Bitwise (XRP): +$17.6M
- Franklin (XRP): +$14.4M
- Grayscale BTC (BTC): +$12.6M
Largest outflows
- 21Shares (BTC): -$324.2M
- BlackRock (BTC): -$317.1M
- Fidelity (BTC): -$259.0M
- BlackRock (ETH): -$184.6M
- Grayscale (BTC): -$92.8M
Market Interpretation
Institutional positioning showed a clear trend, as BTC experienced significant outflows, primarily from major funds like 21Shares and BlackRock. In contrast, SOL and XRP attracted capital, indicating a possible rotation into these assets. The worst day of the week, May 13, saw -$656.9M in outflows, while May 14's recovery with +$151.1M suggests some resilience in investor sentiment.
Conclusion
The week concluded with a total net flow of -$1.1B, reflecting broader market challenges. Nevertheless, the inflows into specific assets hint at selective confidence among investors.