If you're still treating crypto ETF headlines as a single sell signal, stop now.
Last week's $70.7M net outflow looked like the whole market was leaking, and a lot of people dumped $ETH and $BTC together on that number. They walked right into the Friday bounce they were trying to avoid.
The breakdown told a different story, one we've seen in prior cycles when capital leaves $ETH for whatever is capturing flows. Bitcoin actually finished +$6.1M after $433M came in Friday as $BTC reclaimed $80K. Solana products took $60.7M, with BSOL grabbing $58.7M, nearly 97% of the week's category inflows.
Ethereum remained the clear weak spot at -$140.6M even after a strong Friday. Hyperliquid added a quiet $3.1M. $SOL is eating the pie Ethereum used to own, and that rotation has a habit of lasting longer than holders expect.
Where do you think this goes from here, a brief Ethereum lag or a lasting shift into Solana products?
#Bitcoin #Ethereum #Solana
Last week's $70.7M net outflow looked like the whole market was leaking, and a lot of people dumped $ETH and $BTC together on that number. They walked right into the Friday bounce they were trying to avoid.
The breakdown told a different story, one we've seen in prior cycles when capital leaves $ETH for whatever is capturing flows. Bitcoin actually finished +$6.1M after $433M came in Friday as $BTC reclaimed $80K. Solana products took $60.7M, with BSOL grabbing $58.7M, nearly 97% of the week's category inflows.
Ethereum remained the clear weak spot at -$140.6M even after a strong Friday. Hyperliquid added a quiet $3.1M. $SOL is eating the pie Ethereum used to own, and that rotation has a habit of lasting longer than holders expect.
Where do you think this goes from here, a brief Ethereum lag or a lasting shift into Solana products?
#Bitcoin #Ethereum #Solana
