Massive Outflows from Bitcoin and Ethereum ETFs: Institutional Flows Shift to Solana

In the U.S., spot Bitcoin ETFs recorded $558 million in net outflows, with all 12 funds ending the day negative. Meanwhile, spot Ethereum ETFs saw $46.62 million in outflows, but spot Solana ETFs registered $12.69 million in inflows, marking the ninth consecutive day of gains.

The data indicates that risk appetite in crypto markets has become more selective. Outflows from Bitcoin point to profit-taking and short-term hedging, while Ethereum’s losses suggest institutional caution remains.

Solana’s consistent inflows highlight growing momentum strategies and portfolio diversification. If sustained, this trend could expand open interest and volume in derivatives markets.

Analysts note that these fund movements may increase price volatility. If Solana’s demand is reinforced by ecosystem growth and event activity, upward momentum could accelerate — though correction risk remains during one-sided accumulation phases.