Bitcoin and ether exchange-traded funds (ETFs) continued their strong momentum on Tuesday, pulling in a combined $448 million in inflows. The day also marked a historic debut for Solana ETFs, with Bitwise’s BSOL smashing records for a first-day launch.
Bitcoin and Ether Extend Streak With $448 Million Inflow as Solana ETF Debuts
This article was published more than a month ago. Some information may no longer be current.
WRITTEN BY
SHARE
Bitcoin, Ether ETFs Stay Hot, But Solana ETF Steals the Show
Crypto ETFs roared into the spotlight on Tuesday, Oct. 28, extending an already impressive streak of inflows, and welcoming a powerful new player to the mix. Bitcoin and ether ETFs both maintained their winning streaks, while solana made its long-awaited ETF debut in style.
Bitcoin ETFs posted their fourth straight day of inflows, drawing $202.48 million in new capital. The momentum was broad-based, with Ark & 21Shares’ ARKB leading at $75.84 million, followed by Fidelity’s FBTC with $67.05 million, and Blackrock’s IBIT with $59.60 million. For the second consecutive day, no fund saw any outflows, underscoring renewed investor conviction. Trading volume remained robust at $4.18 billion, while net assets steadied at $154.81 billion.
Ether ETFs also mirrored the strength, attracting a total of $246.02 million in inflows across three funds. Fidelity’s FETH dominated with $99.27 million, while Blackrock’s ETHA added $76.37 million, and Grayscale’s Ether Mini Trust contributed $73.03 million. The combined momentum pushed total trading volume to $1.64 billion, with net assets holding firm at $27.66 billion.
But the spotlight didn’t belong solely to bitcoin and ether. Bitwise officially launched its solana ETF (BSOL), setting a new record for a U.S. ETF debut with $69.45 million in first-day trading volume and $288.92 million in net assets. Meanwhile, Grayscale unveiled its own solana ETF under the ticker GSOL, signaling that competition in the Layer-1 ETF arena is about to heat up.
Tuesday’s trading session was more than just another day of inflows; it was a statement. Bitcoin and ether held the line, and solana made history.
FAQ📈
- What drove crypto ETF inflows on Tuesday?
Bitcoin and ether ETFs pulled in a combined $448 million, marking another day of strong institutional demand. - Which bitcoin ETFs led the market?
Ark & 21shares’ ARKB, Fidelity’s FBTC, and Blackrock’s IBIT topped inflows, with no funds reporting outflows. - What made solana ETFs stand out?
Bitwise’s BSOL debuted with a record $69.45 million in first-day trading, the strongest U.S. ETF launch to date. - What does this mean for the crypto ETF landscape?
The synchronized inflows and solana’s historic debut signal growing investor confidence and expanding market diversity.
