Bitcoin ETFs Experience Significant Outflows While Solana ETFs Maintain Positive Inflows
Bitcoin ETFs Experience Significant Outflows While Solana ETFs Maintain Positive Inflows
U.S. spot Bitcoin ETFs recorded their largest daily outflow since August, coinciding with BTC's price around $100,000. In contrast, U.S. spot Solana ETFs have seen nine consecutive days of net positive inflows, indicating diverging market trends for these assets.
Bitcoin and Solana ETF Performance Diverges
U.S. spot bitcoin exchange-traded funds recently experienced their most significant daily outflow since August, despite Bitcoin's price stabilizing near the $100,000 mark. This substantial outflow highlights a period of investor caution or profit-taking within the BTC market. Conversely, the newly launched U.S. spot Solana ETFs have demonstrated remarkable resilience and investor interest, consistently attracting net positive inflows for nine consecutive trading days. This sustained positive trend for Solana ETFs underscores a strong and growing demand for exposure to the SOL ecosystem through regulated investment vehicles.