US Spot Crypto ETFs Record Major Outflows as Bitcoin and Ethereum Shed Over $500 Million – Solana Bucks Trend

Latest data from Lookonchain confirms significant asset outflows from Bitcoin and Ethereum ETFs, while Solana funds continue to attract capital with positive net inflows.

BTC

ETH

SOL

61d ago

Summary

Lookonchain data reveals that U.S. Bitcoin ETFs recorded a net outflow of 5,042 BTC, while Ethereum ETFs saw outflows of 73,075 ETH. In contrast to the broader market withdrawals, Solana ETFs posted a daily net inflow of 19,170 SOL. This recent data aligns with significant redemptions reported on February 12, where Bitcoin and Ethereum funds collectively shed over $520 million while Solana funds managed to secure inflows.

Terms & Concepts

Spot Crypto ETF: An investment fund that directly holds cryptocurrencies like Bitcoin or Ethereum, allowing investors to trade shares on traditional stock exchanges to gain price exposure.
Net Inflow/Outflow: The difference between the amount of money entering and leaving a fund; outflows indicate investors are withdrawing capital, while inflows suggest new investment.