đš THE BLOCK: Ether and Solana ETFs See Sharp Outflows $BTC
U.S. spot Ether ETFs recorded $542.1 million in net outflows last week, their worst weekly performance since January. Meanwhile, Solana ETFs saw outflows of $24.8 million, ending a record 14-week streak of inflows. $SOL
What is happening?
- ETH ETFs: $542.1 million in weekly net outflows. $BNB
- Outflow streak: Ether ETFs extended their losing streak to nine consecutive days.
- SOL ETFs: $24.8 million in weekly net outflows.
- Solana streak: A record 14-week run of inflows came to an end.
- The SOL ETF outflow was the largest weekly decline since the products launched.
What this suggests
The figures point to weakening ETF flows for both assets, potentially reflecting more cautious institutional positioning. However, ETF outflows alone do not establish the direction of future prices.
Market takeaway: ETH and SOL ETF flows have turned negative, putting institutional demand under scrutiny as traders watch whether outflows persist.
#solana #etf #ETFs
U.S. spot Ether ETFs recorded $542.1 million in net outflows last week, their worst weekly performance since January. Meanwhile, Solana ETFs saw outflows of $24.8 million, ending a record 14-week streak of inflows. $SOL
What is happening?
- ETH ETFs: $542.1 million in weekly net outflows. $BNB
- Outflow streak: Ether ETFs extended their losing streak to nine consecutive days.
- SOL ETFs: $24.8 million in weekly net outflows.
- Solana streak: A record 14-week run of inflows came to an end.
- The SOL ETF outflow was the largest weekly decline since the products launched.
What this suggests
The figures point to weakening ETF flows for both assets, potentially reflecting more cautious institutional positioning. However, ETF outflows alone do not establish the direction of future prices.
Market takeaway: ETH and SOL ETF flows have turned negative, putting institutional demand under scrutiny as traders watch whether outflows persist.
#solana #etf #ETFs