The latest U.S. spot crypto ETF data shows a clear divergence in investor flows during the Sep. 14–18 trading week.
Across Bitcoin, Ether, Solana and Hyperliquid products, investors pulled approximately $70.7M on a net basis. The biggest pressure came from Ether ETFs, which recorded about $140.6M in outflows.
Meanwhile, Solana ETFs attracted $60.7M, with Bitwise’s BSOL accounting for roughly $58.7M of the weekly inflow. Bitcoin ETFs finished slightly positive at $6.1M, while Hyperliquid products added around $3.1M.
What stands out to me is that this wasn't a uniform retreat from crypto. Capital was rotating between assets. Ether experienced substantial withdrawals despite a $143.7M inflow on Friday, while Solana attracted fresh demand on four of the five sessions.
For me, the key metric to watch next is whether Ether's outflows continue or reverse, and whether Solana can sustain its recent inflow momentum.
$LAB
$BEAT
$AKE
Across Bitcoin, Ether, Solana and Hyperliquid products, investors pulled approximately $70.7M on a net basis. The biggest pressure came from Ether ETFs, which recorded about $140.6M in outflows.
Meanwhile, Solana ETFs attracted $60.7M, with Bitwise’s BSOL accounting for roughly $58.7M of the weekly inflow. Bitcoin ETFs finished slightly positive at $6.1M, while Hyperliquid products added around $3.1M.
What stands out to me is that this wasn't a uniform retreat from crypto. Capital was rotating between assets. Ether experienced substantial withdrawals despite a $143.7M inflow on Friday, while Solana attracted fresh demand on four of the five sessions.
For me, the key metric to watch next is whether Ether's outflows continue or reverse, and whether Solana can sustain its recent inflow momentum.
$LAB
$BEAT
$AKE

