ETH ETFs Log $697M Outflow Streak as Solana Inflows Reverse
What happened: Spot Ethereum ETFs posted nine consecutive days of outflows totaling $697.
What happened: Spot Ethereum ETFs posted nine consecutive days of outflows totaling $697.2 million since September 29, with $542.1 million exiting in the past week alone—the worst weekly result since January. BlackRock's ETHA fund accounted for 88% of the category's outflows. Meanwhile, Solana ETFs ended a record 14-week inflow streak, posting $24.8 million in outflows, their largest since launch. Spot Bitcoin ETFs also saw $681.1 million withdrawn, ending a three-week inflow run. Combined, the three categories shed approximately $1.25 billion for the week.
Why it matters: The synchronized outflows across major crypto ETFs point to a risk-off sentiment among institutional investors, possibly driven by macroeconomic uncertainty or profit-taking after strong YTD inflows. The reversal in Solana ETF flows is particularly notable, given its recent popularity, and may signal a rotation rather than a sustained exit from risk assets. The concentration of outflows in specific funds, such as BlackRock's ETHA, also highlights structural factors like share splits influencing investor behavior.
Source: The Block