Spot ether ETFs recorded their worst week since January with $542.1M in outflows, while Solana funds broke a 14-week inflow streak.
Macro & Markets ·
Spot ether ETFs experienced their weakest week since January, with outflows reaching $542.1 million, extending a nine-day streak of net redemptions. Simultaneously, Solana funds reversed course after a 14-week run of inflows, posting their largest weekly outflow since their launch. Bitcoin funds also ended a separate three-week inflow period.
The outflows signal a broader shift in investor positioning across major alt-layer crypto products. The reversal in Solana fund flows is particularly notable given the extended inflow streak that preceded it, suggesting a potential turn in market appetite. Ether's outflow intensity—characterized as the worst performance in nearly a year—points to sustained pressure on ethereum-focused vehicles.
The timing and scale of these reversals remain difficult to connect to a single catalyst. Whether the moves reflect profit-taking, macro headwinds, or reallocation within the crypto fund space is not yet clear from available data.