BTC and ETH ETFs Lose Value While Solana ETFs Attract Capital
Exchange-traded funds (ETFs) investing in Bitcoin and Ethereum have recorded capital outflows for the fifth consecutive day, while Solana ETFs have seen six straight days of inflows.
On Tuesday, Bitcoin ETFs saw net outflows of $578 million, marking the largest single-day decline since mid-October. The biggest losses came from BlackRock’s IBIT and Fidelity’s FBTC.
Yesterday, spot Ethereum ETFs recorded net outflows of $219.37 million, with $111 million withdrawn from BlackRock’s ETHA. Grayscale and Fidelity funds also reported capital outflows.
In contrast, spot Solana ETFs saw net inflows of $14.83 million. Although this is the lowest daily inflow since their debut last week, it still extended the streak to six consecutive days of positive inflows.
“We’ve seen five straight days of outflows, signaling not just a pause but a strategic repositioning among institutional investors,” said Rachel Lucas, crypto analyst at BTC Markets.
She added that institutional selling appears to be a tactical move driven by risk management following an assessment of macroeconomic conditions.
See also: "ZKsync Token Surges 170% in Just Two Days and Keeps Rising"
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