Spot BTC, ETH, XRP ETFs Record Net Inflows; SOL ETFs See Outflows Last Week
Last week, spot Exchange Traded Funds (ETFs) tracking major cryptocurrencies demonstrated varied investor sentiment, with Bitcoin (BTC), Ethereum (ETH), and XRP-backed products attracting substantial net inflows, while Solana (SOL) spot ETFs experienced net outflows. Specifically, BTC spot ETFs led with $786.31 million in net inflows, followed by ETH ETFs which garnered $187.07 million, and XRP ETFs attracting $11.75 million. Conversely, SOL spot ETFs registered $5.62 million in net outflows, indicating a shift in capital away from the asset's dedicated investment vehicles. These figures provide a snapshot of institutional and retail investor activity in the burgeoning cryptocurrency ETF market, underscoring differing market dynamics for these digital assets.