Bitcoin and Ether Funds See Outflows as Solana Gains Momentum
The post Bitcoin and Ether Funds See Outflows as Solana Gains Momentum appeared on BitcoinEthereumNews.com.
AltcoinsBitcoin The divide between established and emerging crypto assets is widening as capital continues to flow out of Bitcoin and Ether exchange-traded funds, while Solana-based products quietly attract fresh interest. Key Takeaways: Bitcoin and Ether ETFs continue to see heavy withdrawals Solana funds attract inflows for the sixth straight day Analysts blame tightening liquidity, not fading crypto conviction Over the past several days, major Bitcoin and Ethereum ETFs have seen investors pull back amid tightening global liquidity and a stronger U.S. dollar. On Tuesday alone, roughly $578 million exited Bitcoin-linked funds, marking their steepest daily withdrawal in weeks. Ethereum ETFs followed with nearly $220 million in redemptions, extending a losing streak that has erased close to $1 billion from Ethereum-focused products since late October. A Rare Bright Spot Against that backdrop, Solana funds have become an unexpected beneficiary. Data from Farside Investors shows around $15 million poured into Solana ETFs during the same session, continuing a six-day stretch of inflows that now contrasts sharply with the retreat in larger crypto assets. Products from Bitwise and Grayscale accounted for the bulk of this activity, drawing interest from traders seeking yield opportunities tied to Solana’s staking model. Vincent Liu, chief investment officer at Kronos Research, said the divergence has more to do with macro conditions than shifting faith in crypto itself. “Institutions are reducing exposure because leverage is being unwound and liquidity is tightening,” he noted, describing it as part of a broader risk-off move rather than capitulation. Macro Pressure Meets Market Rotation Liu explained that the dollar’s recent surge has intensified the pressure on risk assets, prompting short-term capital exits from ETF markets. Yet, in his view, that doesn’t indicate a collapse in conviction: “Once liquidity stabilizes, we’ll see flows return. Right now, it’s defensive positioning more than anything else.” Solana’s…
