Crypto ETF Flows Diverge: Bitcoin and XRP Face Outflows as Solana Gains Momentum

Spot Bitcoin and Ethereum ETFs continue to face significant institutional outflows, maintaining downward pressure on major digital assets. Bitcoin ETFs recorded withdrawals of $133.3 million, while Ethereum funds saw $41.8 million in outflows, led by BlackRock’s IBIT and Fidelity’s FBTC. In a notable divergence, Solana ETFs bucked the broader market trend by recording $2.40 million in fresh inflows. However, XRP ETFs joined the sell-off, posting $2.21 million in outflows during the same period. This mixed performance highlights a shifting landscape where investors are selectively rotating capital despite a general cooling in institutional sentiment. Market analysts suggest that the modest interest in Solana, even as Bitcoin struggles near the $67,000 mark, indicates a niche appetite for specific altcoins.