Bitcoin and ether exchange-traded funds (ETFs) closed the day in the green, posting combined inflows of more than $80 million, while solana’s multi-week inflow streak came to a sudden halt. A sharp exit from one major SOL product outweighed otherwise healthy demand across the sector.
Crypto ETFs Split: Bitcoin and Ether Rise as Solana Sees Sharp Exit
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Ether ETFs Lead With $61 Million Inflows as Solana Turns Red
The crypto ETF market delivered a mixed performance, balancing renewed strength in bitcoin and ether products with an abrupt reversal in solana’s previously relentless inflow streak. Momentum wasn’t uniform, but it was enough to keep risk appetite alive in two of the three major sectors.
Bitcoin ETFs tallied $21.12 million in inflows, a modest but welcome continuation of upside pressure. Blackrock’s IBIT once again set the pace with a $42.82 million entry, reinforcing its role as the day’s primary liquidity engine.
But the picture wasn’t entirely green: Fidelity’s FBTC saw a sharp $33.30 million exit, briefly threatening to pull the category into the red. Additional inflows from ARKB, adding $5.97 million, and GBTC, contributing $5.63 million, ultimately kept bitcoin ETFs in positive territory. Trading activity remained steady at $4.57 billion, while net assets ticked up to $117.66 billion.
Ether ETFs posted an even stronger showing. With $60.82 million in net inflows, the category saw interest spread across multiple issuers and, importantly, no outflows from any fund. Blackrock’s ETHA dominated with a $50.22 million entry, while Grayscale’s Ether Mini Trust brought in $6.27 million, and Bitwise’s ETHW added another $4.33 million. The consistent buying pushed daily volume to $1.39 billion and lifted net assets to $18.88 billion, marking ether as the market’s standout performer.
Read more: Crypto ETFs Rebound With Combined Inflows of $260 Million
Solana ETFs, however, broke their long-standing green streak with an $8.10 million net outflow. Individually, several funds continued to attract capital, with Bitwise’s BSOL led with $13.33 million, followed by GSOL with $10.42 million, and Fidelity’s FSOL with $2.51 million. But a heavy $34.37 million exit from 21Shares’ TSOL dwarfed all inflows combined, driving the category negative for the first time in weeks. Total SOL ETF volume landed at $50.61 million, with net assets closing at $917.99 million.
FAQ 📊
- Why did Solana ETFs turn negative today?
A large $34 million withdrawal from one major SOL fund outweighed inflows across the rest of the category. - Which asset saw the strongest ETF demand?
Ether led the market with over $60 million in inflows and no outflows from any issuer. - How did bitcoin ETFs perform overall?
Bitcoin posted modest net inflows as Blackrock’s IBIT offset a major exit from Fidelity’s FBTC. - What does today’s activity signal for U.S. crypto ETF sentiment?
Investors remain risk-on for BTC and ETH, while SOL faces a temporary cooling after weeks of strength.
