Bitcoin and Ethereum ETFs See $1.14B Outflows as SOL, XRP Gain

US-listed spot crypto ETFs saw sharp capital rotation last week. Bitcoin and Ethereum ETFs recorded combined net outflows of $1.14 billion for the week ending. At the same time, Solana and XRP ETFs continued to attract steady inflows. The shift highlights changing investor risk appetite as Bitcoin trades sideways near the $88,000 level.

Bitcoin ETFs See Nearly $500M Exit

Spot Bitcoin ETFs posted $497 million in net weekly outflows. Most funds saw redemptions. However, Fidelity’s FBTC stood out as the only Bitcoin ETF to record net inflows, adding roughly $33 million. The largest drag came from BlackRock’s IBIT. The fund alone lost about $240 million during the week. Other issuers also reported moderate but consistent withdrawals.

Despite the outflows, Bitcoin ETFs remain massive. Total assets under management still stand near $115 billion. This shows that while short-term sentiment softened. Long-term exposure remains intact. Before the outflows, Bitcoin had already entered a consolidation phase. After the data was published, price action stayed range bound. There was no sharp sell-off tied directly to ETF redemptions.

Ethereum ETFs Face Heavier Pressure

Ethereum ETFs saw even larger exits. Net outflows reached $644 million over the same period. All nine spot Ethereum ETFs recorded losses, with none posting inflows. BlackRock’s ETHA led the decline. The fund shed approximately $558 million across seven straight trading days. Notably, ETHA did not record a single inflow during that streak. Ethereum’s price remained under pressure throughout the week. However, liquidation data showed no major forced selling events. This suggests investors exited positions gradually rather than through panic-driven trades. The continued outflows indicate weaker short-term confidence in ETH compared to other large-cap assets.

Solana and XRP Extend Inflow Streaks

While Bitcoin and Ethereum struggled, Solana ETFs attracted $66.5 million in net inflows. This marked the eighth consecutive week of positive flows. Fidelity’s Solana ETF led the category, adding nearly $50 million. XRP ETFs also performed well. They recorded $82 million in inflows, extending their streak to six straight weeks. The largest contribution came from 21Shares’ XRP product. Importantly, neither Solana nor XRP ETFs recorded any notable outflows. This clean inflow trend suggests consistent demand rather than short-term speculation.

Investors Rotate Toward Higher-Risk Assets

Market analysts described the trend as a rotation. As Bitcoin consolidates and Ethereum underperforms, capital appears to be moving toward higher beta altcoins. This behavior is common during sideways market phases. Investors often seek assets with stronger momentum or perceived upside. Solana and XRP currently fit that profile. Still, Bitcoin and Ethereum remain dominant. Their ETF products dwarf newer funds in size and liquidity. The latest data reflects rotation, not abandonment. Currently, ETF flows show a clear split. Large-cap leaders face pressure. Meanwhile, select altcoins gain favor as investors reposition ahead of the next market move.