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- Bitcoin and Ether ETFs post fifth straight day of outflows.
- Solana ETFs attract fresh capital for six consecutive days.
- Institutions rotate exposure amid rising macro uncertainty.
Spot Bitcoin and Ether exchange-traded funds (ETFs) saw another day of capital flight on Tuesday, marking their fifth straight session of outflows. While institutional investors trimmed exposure to the two largest cryptocurrencies, Solana ETFs quietly continued to attract fresh inflows, signaling a shifting market dynamic.
Bitcoin and Ether ETFs Face Continued Pressure
According to Farside Investors, Bitcoin ETFs recorded $578 million in net outflows—their steepest single-day decline since mid-October. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC led the withdrawals.
Ether funds mirrored the trend, seeing $219 million in redemptions, led by BlackRock’s ETHA and Fidelity’s FETH. In total, Ether-linked ETFs have lost nearly $1 billion in capital since late October, as institutions reduce risk exposure amid rising macro uncertainty.
Vincent Liu, Chief Investment Officer at Kronos Research, said the pattern reflects “a broad risk-off sentiment rather than fading faith in crypto.” He noted that stronger U.S. dollar conditions and tightening liquidity are pushing institutions to cut leverage and raise cash.
Solana Stands Out Amid Risk-Off Rotation
In stark contrast, Solana ETFs logged $14.8 million in inflows, their sixth consecutive day of gains. Bitwise’s BSOL and Grayscale’s GSOL products both saw positive momentum.
Liu described the move as “fresh flow meeting a fresh story,” driven by Solana’s yield potential and narrative appeal. “Its speed, staking rewards, and emerging ETF presence give it a unique edge,” he added. Still, he cautioned that the growth remains niche and concentrated among early adopters.
Also Read: Solana Price Alert: $200 Support Holds the Key to Next Bullish Move
Capital Rotation Signals Changing Institutional Tastes
The divergence between Solana and legacy crypto ETFs underscores a broader rotation of institutional capital. As Bitcoin and Ether ETFs grapple with outflows, investors appear to be exploring smaller but higher-growth ecosystems like Solana’s.
Until macro conditions stabilize, analysts expect this capital reshuffling to continue. But for now, Solana remains one of the few bright spots in a cautious market.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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