Bitcoin and ether exchange-traded funds (ETFs) kicked off November with heavy outflows totaling over $320 million, while solana ETFs stood out once again, attracting $70 million in fresh inflows to extend their early winning streak. Bitcoin and Ether ETFs Extend Red Streak With Solana Defying Outflow Trend The week began with sharp contrasts across the […] Original
Key takeaways: The spot Solana ETFs start strong by drawing over $400 million in weekly inflows. SOL broke its 211-day uptrend, slipping below key moving averages. Failure to hold $155 could send SOL price into the $120–$100 range. Spot Solana (SOL) exchange-traded funds (ETFs) start their trading journey with strength, posting record positive inflows that underscored institutional demand for the network’s native asset. On Monday, spot SOL ETFs recorded a daily high of $70 million in inflows, the strongest since launch, taking the total spot ETF inflows to $269 million…
As the crypto market stumbles, institutional investors are pulling billions from Bitcoin and Ethereum ETFs, while newly launched funds attract fresh capital. Summary Bitcoin and Ethereum ETFs are posting huge outflows as market prices crash. BTC-tracking funds saw $186.51 million in outflows on Nov. 3, entirely from BlackRock’s IBIT. Ethereum ETFs lost $135.76 million on the same day; BlackRock’s ETHA led with $81.70M outflow. Solana, Hedera, Litecoin ETFs posted inflows of $70.05M, $22.06M, and $855,880, respectively. Investor sentiment around crypto ETFs continues to sour as Bitcoin and Ethereum-based exchange-traded funds…
Key Notes Bitcoin ETFs saw $186.5 million in net outflows, led entirely by BlackRock’s IBIT. BTC price plunged to $104,500, marking an 8% weekly decline. Further downside is possible if short-term selling pressure spreads to long-term holders. Bitcoin’s BTC $103 968 24h volatility: 3.6% Market cap: $2.07 T Vol. 24h: $82.02 B rocky start to November has worsened after spot ETFs tracking the cryptocurrency recorded $186.5 million in net outflows on Nov. 3. According to latest data, every Bitcoin ETF saw zero inflows, with only BlackRock’s IBIT responsible for the…
The final week of October delivered a mixed performance for crypto ETFs. Bitcoin funds bled nearly $800 million, ether products held steady with modest inflows, and solana ETFs stole the spotlight with a $199 million debut, signaling a shifting behavior in investor sentiment. Solana ETFs Shine Amid Heavy Bitcoin Outflows and Ether Stability October’s final […] Original
Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that another one in December was “not a foregone conclusion,” combined with the absence of economic data due to the ongoing government shutdown, appears to have left markets uncertain, CoinShares reported on Monday. Most of the selling pressure came from the US markets, which saw $439 million in outflows, partly offset by modest inflows from Germany and Switzerland. Bitcoin…
Bitcoin and ether exchange-traded funds (ETFs) wrapped up the week in the red with combined outflows exceeding $290 million, while solana ETFs extended their winning streak with a $44 million inflow, marking a resilient close to October’s final trading day. Crypto ETFs Close the Week Mixed: Solana Up, Bitcoin and Ether Down The week’s final […] Original
Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to $199.2 million and total assets to over $502 million. The Bitwise Solana ETF (BSOL) led the charge, contributing the bulk of new capital with a 4.99% daily gain. In contrast, spot Bitcoin (BTC) ETFs saw $191.6 million in daily net outflows on the same day, continuing a…
Bitcoin and Ethereum ETFs are posting persistent outflows as market pressure continues. Summary Bitcoin and Ethereum ETFs extended their outflow streak, with combined redemptions surpassing $670 million as both assets fell below key price levels. In contrast, mid-cap crypto ETFs for Solana, HBAR, and Litecoin attracted steady inflows following new listings on major U.S. exchanges. The divergence highlights growing investor interest in diversified crypto exposure even as flagship assets face mounting selling pressure. Bitcoin and Ethereum ETFs extended their losing streak for a second day as the market grapples with…
Institutional investors may turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts. The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the first half of October, despite the ongoing US government shutdown stalling progress. Each approval could “open the door for the next wave of institutional buying,” said Leon Waidmann, head of research at Web3 analytics firm Onchain. “Altcoin ETF inflows are the inevitable next step after Bitcoin and…