Bitcoin ETFs posted a fourth consecutive day of outflows, while ether ETFs slipped back into the red. XRP and solana ETFs continued to attract modest but steady inflows, underscoring selective investor demand.
Ether Turns Red Again as Bitcoin ETFs Sink Further
Risk appetite cooled further across crypto exchange-traded funds (ETFs) as the holiday-shortened week approached, with investors pulling more capital from bitcoin and ether while keeping a cautious bid for XRP and solana products.
Bitcoin spot ETFs recorded a net outflow of $188.64 million, extending their losing streak to four consecutive sessions. The pressure was concentrated in just four funds, led overwhelmingly by Blackrock’s IBIT, which alone shed $157.34 million.
Fidelity’s FBTC followed with a $15.30 million outflow, while Grayscale’s GBTC saw $10.28 million exit. Bitwise’s BITB rounded out the day with a smaller $5.72 million outflow. Despite the continued withdrawals, trading activity remained active at $3.16 billion, and total net assets were largely unchanged at $114.29 billion.
Ether ETFs also reversed course, returning to outflows after a brief rebound. The group posted a net exit of $95.53 million, driven primarily by Grayscale’s ETHE, which lost $50.89 million. Blackrock’s ETHA added to the pressure with a $25.04 million outflow. Smaller but notable exits were also seen on Bitwise’s ETHW at $13.98 million and Franklin’s EZET at $5.61 million. Total value traded dipped to just under $1 billion, while net assets held steady at $18.02 billion.
XRP ETFs continued their steady run, albeit at a slower pace. The group added $8.19 million on the day, entirely driven by Franklin’s XRPZ. Trading volume came in at $12.41 million, with total net assets holding firm at $1.25 billion, suggesting investors remain comfortable maintaining exposure even as flows moderate.
Solana ETFs also stayed in positive territory, bringing in $4.20 million. Bitwise’s BSOL led with a $1.64 million inflow, followed closely by Grayscale’s GSOL at $1.46 million and Fidelity’s FSOL at $1.10 million. Trading activity reached $28.57 million, pushing total net assets up to $940.96 million as solana ETFs inch closer to the $1 billion milestone.
As markets get set to close for the Christmas holiday, the year-end outlook for bitcoin and ether ETFs continue to look bleak with more capital departure. On the other hand, XRP and solana look to finish strong after their impressive debuts in 2025.
