U.S. Bitcoin ETF Sees Outflows as Capital Rotates Into Ethereum & Solana ETFs

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced significant net outflows, but the broader crypto ETF landscape shows rotating investor interest toward Ethereum, Solana and other altcoin-linked funds — signaling a shift in sentiment and portfolio positioning.

Bitcoin ETF Outflows: Bitcoin spot ETFs recorded a net outflow of about $142 million on Dec. 22, marking the third straight day of withdrawals for BTC-focused products as investors trimmed exposure to Bitcoin amid market caution. BlackRock’s IBIT was one of the few Bitcoin ETFs to log modest inflows, but not enough to offset broader exits.

Ethereum ETF Inflows: In contrast, Ethereum spot ETFs reversed prior outflow trends with around $84.6 million in net inflows, driven by renewed demand for ETH exposure through regulated investment products.

Solana & Altcoin ETF Strength: Solana ETFs also attracted fresh capital, while XRP-linked products continued their inflow streak, highlighting growing investor interest in diversified crypto exposure beyond Bitcoin.

What this means:

Capital rotation suggests selective risk appetite, with traders favoring altcoin exposure via ETFs amid broader market uncertainty.

Bitcoin and Ethereum outflows reflect short-term repositioning or profit-taking, not necessarily a structural rejection.

Growing inflows into SOL and other funds may signal broader institutional diversification within crypto asset allocation.

Overall, the crypto ETF flow picture is mixed, with Bitcoin facing pressure while Ethereum, Solana and other altcoin-linked ETFs see renewed capital interest.