Crypto ETF flows turned mixed once again as bitcoin and ether slipped back into outflows, while XRP and solana quietly extended their winning streaks. The session reflected cautious positioning rather than broad capitulation.
Crypto ETFs Falter as Bitcoin, Ether See Combined Exit of $211 Million
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Bitcoin, Ether Slip Back to Red as XRP and Solana Stay Green
Just as optimism began to resurface, crypto exchange-traded fund (ETF) flows hit another speed bump. Tuesday, Jan 27’s trading session saw renewed pressure on bitcoin and ether products, even as XRP and solana continued to attract modest but consistent demand.
Bitcoin spot ETFs recorded a $147.37 million net outflow, erasing the prior day’s tentative recovery. Blackrock’s IBIT accounted for the bulk of the exits with $102.81 million redeemed, while Fidelity’s FBTC followed with $44.56 million in outflows. No inflows were reported across other products, underscoring the cautious tone. Total value traded climbed to $3.58 billion, while total net assets slipped to $114.99 billion.
Ether spot ETFs also returned to the red, posting a $63.53 million net outflow. Blackrock’s ETHA led the pullback with $58.97 million exiting, joined by $14.55 million in redemptions from Grayscale’s ETHE. Grayscale’s Ether Mini Trust offered a partial offset with a $9.99 million inflow, but it wasn’t enough to stabilize the market. Total value traded reached $1.51 billion, and net assets edged up slightly to $18.15 billion.
XRP ETFs continued to stand out as a pocket of strength, delivering a $9.16 million inflow. Bitwise’s XRP led demand with $7.08 million, while Franklin’s XRPZ added $2.08 million. Trading activity remained steady at $20.50 million, with net assets holding firm at $1.38 billion.
Read more: ETF Recap: Redemptions Surge as Bitcoin, Ether See Historic Weekly Exits
Solana ETFs stayed in positive territory as well, closing with a $1.87 million net inflow. Fidelity’s FSOL drew $2.99 million, offsetting a $1.12 million outflow from Grayscale’s GSOL. Total value traded was $34.07 million, and net assets ended the session at $1.08 billion.
In summary, the day reflected selective risk-taking rather than a broad shift in sentiment. Bitcoin and ether saw renewed caution from investors, while XRP and solana quietly absorbed inflows, suggesting capital continues to rotate rather than exit the crypto ETF market entirely.
FAQ📊
- Why did bitcoin ETFs turn negative again?
Bitcoin ETFs saw $147M in outflows as investors stayed cautious after a brief rebound. - What drove ether ETFs back into the red?
Heavy selling in ETHA and ETHE outweighed small inflows into Ether Mini Trust. - Why are XRP ETFs still attracting inflows?
XRP ETFs continue to benefit from steady demand as investors rotate into smaller assets. - How did solana ETFs stay green?
Modest inflows into Fidelity’s FSOL offset light selling, keeping Solana ETFs positive.
