Bitcoin and ether ETFs extended their losing streak as large redemptions dominated another risk-off session. In contrast, solana and XRP quietly absorbed fresh inflows, underscoring selective investor appetite.
Bitcoin, Ether ETFs Outflows Deepen as Solana and XRP Stay Resilient
This article was published more than a month ago. Some information may no longer be current.
WRITTEN BY
SHARE
Risk-off Mood Persists With Heavy Bitcoin and Ether ETF Redemptions
Selling pressure remained firmly in control as crypto exchange-traded funds (ETFs) pushed deeper into the red. The tone was cautious from the opening bell, with investors continuing to pull capital from bitcoin and ether exposure while maintaining smaller, targeted allocations to select altcoin funds.
Bitcoin ETFs recorded a combined outflow of $277.09 million, with losses spread across most of the complex. Blackrock’s IBIT led the retreat by a wide margin, posting a $210.68 million exit. Bitwise’s BITB followed with $50.93 million in outflows, while Vaneck’s HODL shed $17.96 million. Ark & 21Shares’ ARKB saw $16.87 million leave the fund, and Grayscale’s Bitcoin Mini Trust added another $7.37 million to the tally.
Fidelity’s FBTC stood out as the lone bright spot, attracting $26.72 million, though it was not enough to offset the broader weakness. Trading volume reached $4.26 billion, with total net assets holding at $114.28 billion.
Ether ETFs mirrored bitcoin’s decline almost point for point. The group posted $224.26 million in net outflows, overwhelmingly driven by a $221.31 million redemption from Blackrock’s ETHA. Fidelity’s FETH accounted for the remaining pressure with a $2.94 million exit. Total value traded came in at $1.17 billion, while net assets edged slightly lower to $18.17 billion.
Solana ETFs continued to quietly attract capital despite the broader pullback. The category saw $3.64 million in net inflows, led by a $1.88 million addition to Grayscale’s GSOL and $1.35 million into Bitwise’s BSOL. Vaneck’s VSOL contributed a further $415K. Trading volume totaled $39.53 million, with net assets steady at $926.33 million.
Read more: Bitcoin, Ether ETFs See Heavy Outflows as Solana and XRP Stay Green
XRP ETFs also finished the day in the green, pulling in $8.54 million. Bitwise’s XRP led with $6.26 million in inflows, followed by Franklin’s XRPZ at $2.09 million and a smaller $188K addition to 21Shares’ TOXR. Net assets climbed to $1.16 billion on $16.75 million in trading volume.
Overall, the session reinforced a familiar pattern. Bitcoin and ether ETFs remained under sustained redemption pressure, while solana and XRP continued to act as relative safe harbors within the digital asset ETF market, suggesting investors are rotating rather than exiting outright.
FAQ📉
- Why did bitcoin ETFs see heavy outflows today?
Investors reduced risk exposure as large redemptions, led by IBIT, dominated the session. - What drove ether ETF losses during the sell-off?
A single large redemption from Blackrock’s ETHA accounted for nearly all ETH ETF outflows. - Why are solana ETFs still attracting inflows?
Selective investors continue to rotate into solana funds despite broader market caution. - What explains ongoing inflows into XRP ETFs?
Steady demand reflects portfolio diversification rather than a full exit from crypto ETFs.
