U.S. crypto ETFs extend outflows as Solana draws fresh inflows
U.S.-listed crypto exchange-traded funds continued to record significant outflows this week, reflecting cautious institutional positioning amid persistent volatility in digital asset markets.
While Bitcoin, Ether and XRP products remained under pressure, Solana funds stood out as the only major segment attracting fresh capital.
Bitcoin ETFs face sustained redemptions
Spot Bitcoin ETFs posted $133.3 million in net outflows on Wednesday, according to SoSoValue data. BlackRock’s iShares Bitcoin Trust (IBIT) led the withdrawals with more than $84 million exiting the fund, while Fidelity’s FBTC saw $49 million in redemptions. Trading volumes remained below $3 billion, signaling subdued market participation.
If negative flows continue through the end of the week, Bitcoin ETFs will mark their first five-week consecutive outflow streak since March last year. Year-to-date, approximately $2.5 billion has left U.S. spot Bitcoin funds, reducing total assets under management to $83.6 billion — about 6.3% of Bitcoin’s total market capitalization.
The pressure on ETFs mirrors price weakness in the underlying asset. Bitcoin recently traded near $67,000 after briefly dipping below $66,000, leaving it down roughly 24% since the start of the year.
Ether and XRP mirror the downtrend
Ethereum-focused products followed a similar path. U.S. spot Ether ETFs recorded $41.8 million in daily net outflows, with BlackRock’s ETHA losing nearly $30 million. Total net assets across Ether funds currently stand at $11.1 billion, equivalent to roughly 4.8% of ETH’s market value.
XRP ETFs also slipped into negative territory, posting $2.2 million in daily outflows. Combined assets across XRP funds remain just above $1 billion, or around 1.2% of XRP’s market cap. The synchronized pullback across major crypto ETFs suggests institutions are trimming exposure rather than aggressively buying recent price dips.
Solana funds attract selective inflows
In contrast to the broader market trend, U.S. spot Solana ETFs recorded $2.4 million in fresh inflows, extending a six-day streak of positive momentum. Since their launch in late 2025, Solana ETFs have accumulated close to $880 million in cumulative inflows and nearly $700 million in assets under management.
Although February inflows remain below the stronger levels seen in late 2025, Solana’s relative resilience highlights a rotation within crypto allocations rather than a complete retreat from the sector.
Overall, ETF flows indicate continued caution toward Bitcoin and Ether exposure, while selective capital is moving into alternative digital assets. With sentiment still fragile and trading activity muted, fund flows remain a key real-time indicator of institutional confidence in the crypto market.
Read also: Bitcoin slips toward $66,700 as ETF outflows pressure sentiment
Latest Bitcoin News
- Forex
- Crypto