Ethereum

As of May 1, U.S.-listed crypto ETFs reflected a moderately positive but still selective risk-on environment, with Bitcoin ETFs broadly up ~+1.2% to +1.4% on the day (e.g., IBIT +1.33%, FBTC +1.25%, GBTC +1.23%), though still down ~-1.6% week-over-week despite a strong +14.8% to +15.0% 1-month return profile. Fund flows were mixed, with IBIT seeing -$54.7M in daily outflows while maintaining strong +$2.10B 1-month inflows and +$3.01B YTD, highlighting continued institutional accumulation despite short-term profit taking.

Crypto ETF performance was modestly weaker on the day, with the cohort posting an average daily return of approximately -0.34%, indicating slight downside pressure despite strength in underlying spot crypto markets. Performance was mixed across products, with most Bitcoin-linked ETFs declining in line with relatively muted BTC price action, as major funds such as IBIT,