The new week kicked off with subdued exchange-traded fund (ETF) activity as bitcoin saw a marginal $1.15 million inflow and ether funds stayed flat. Solana ETFs, however, kept their momentum alive, adding another $6.78 million in investor inflows.
Bitcoin ETFs See Modest Inflows as Solana Stays Hot
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Crypto ETFs Begin the Week Quietly with Solana in Green
A quiet Monday, Nov 10, opened the new trading week for digital asset ETFs, offering a stark contrast to the volatility of early November. Bitcoin ETFs barely managed to stay in the green, while ether ETFs remained completely flat. Solana continued its unbroken streak of inflows, a sign that investors are slowly warming up to the third-largest crypto network’s growing appeal.
Bitcoin ETFs recorded a modest inflow of $1.15 million, all of which came from Bitwise’s BITB. None of the other eleven funds saw any trading activity, suggesting a cautious start to the week for institutional participants. Despite the minimal flows, trading volumes remained robust at $4.15 billion, with total net assets rising slightly to $141.54 billion.
Ether ETFs, meanwhile, had one of their quietest trading days since launch. There were no inflows or outflows across any of the nine funds, signaling a pause in investor movement after several volatile weeks. Daily trading value stood at $1.53 billion, while net assets held steady at $23.43 billion.
The spotlight, once again, belonged to solana ETFs, which continued to impress with consistent capital inflows. Bitwise’s BSOL attracted $5.92 million, while Grayscale’s GSOL brought in an additional $854,480, for a combined $6.78 million. The duo’s total net assets climbed to $598.36 million, as trading volumes reached $39.63 million, further underscoring the growing investor enthusiasm for Solana exposure.
It may have been a quiet day for bitcoin and ether, but solana’s ETFs kept the week from starting flat. The continued green streak hints that, even in a calm market, investor curiosity in the network’s momentum hasn’t cooled one bit.
FAQ 🪙
- How did crypto ETFs start the week?
Bitcoin ETFs saw a small $1.15 million inflow, while ether remained flat, and solana led with steady gains. - What drove Bitcoin ETF flows on Monday?
All of bitcoin’s modest inflows came from Bitwise’s BITB, signaling cautious institutional activity. - How did ether ETFs perform?
Ether ETFs recorded no inflows or outflows, marking one of their quietest trading days since launch. - Why does Solana keep standing out?
Solana ETFs drew $6.78 million in new capital, extending their streak of consistent investor inflows.
