$BTC spot ETF net inflow of $31.69 million; $SOL net inflow of $1.3 million; $ETH reverse net outflow of $17.25 million. Same batch of products—three directions.
The numbers themselves aren’t that big. $31.69 million, when placed in the daily scale of BTC ETFs, is fairly unremarkable. That $1.3 million for SOL is basically in the noise level; a single day alone can’t establish a trend.
The key information is on the ETH side. The pattern is the same institutional channels: money is net buying on BTC and SOL, but turns into net selling on ETH. This isn’t necessarily a broad contraction in overall risk appetite; it looks more like capital is doing an internal rotation.
To turn this momentum around on ETH, it’s not about a rebound from one single K-line. What’s needed is several consecutive days of net inflows to lock in the direction. Until then, among the three major assets, ETH’s capital flows are the weakest link.
The numbers themselves aren’t that big. $31.69 million, when placed in the daily scale of BTC ETFs, is fairly unremarkable. That $1.3 million for SOL is basically in the noise level; a single day alone can’t establish a trend.
The key information is on the ETH side. The pattern is the same institutional channels: money is net buying on BTC and SOL, but turns into net selling on ETH. This isn’t necessarily a broad contraction in overall risk appetite; it looks more like capital is doing an internal rotation.
To turn this momentum around on ETH, it’s not about a rebound from one single K-line. What’s needed is several consecutive days of net inflows to lock in the direction. Until then, among the three major assets, ETH’s capital flows are the weakest link.
