U.S. Spot Crypto ETF Flows Show $1 Billion Bitcoin Outflow, XRP and Solana Gain

Data for May 11-15 shows spot crypto ETF activity diverging, with Bitcoin and Ethereum posting net outflows while XRP and Solana recorded net inflows.

Summary

U.S. spot crypto ETF flows for May 11-15 showed a split across major digital assets. Bitcoin ETFs recorded $1 billion in net outflows, while Ethereum ETFs saw $255 million in net outflows. In contrast, XRP-related spot ETF flows posted $60 million in net inflows and Solana-related spot ETF flows added $58 million. The figures indicate that investor demand during the period weakened for the two largest cryptocurrencies by market value, while capital moved toward alternative crypto assets.

Terms & Concepts
  • Spot crypto ETF: An exchange-traded fund that holds the underlying cryptocurrency directly, giving investors price exposure without managing on-chain wallets.
  • Net outflow: The amount of money withdrawn from an investment product after subtracting new inflows over a given period.
  • Net inflow: The amount of new capital entering an investment product after accounting for withdrawals during the measurement period.