$BTC and ether ETFs extended their losing streak as large redemptions dominated another risk-off session. In contrast, solana and$XRP XRP quietly absorbed fresh inflows, underscoring selective investor appetite.

Risk-off Mood Persists With Heavy Bitcoin and Ether ETF Redemptions

Selling pressure remained firmly in control as crypto exchange-traded funds (ETFs) pushed deeper into the red. The tone was cautious from the opening bell, with investors continuing to pull capital from bitcoin and ether exposure while maintaining smaller, targeted allocations to select altcoin funds.

Bitcoin ETFs recorded a combined outflow of $277.09 million, with losses spread across most of the complex. Blackrock’s IBIT led the retreat by a wide margin, posting a $210.68 million exit. Bitwise’s BITB followed with $50.93 million in outflows, while Vaneck’s HODL shed $17.96 million. Ark & 21Shares’ ARKB saw $16.87 million leave the fund, and Grayscale’s Bitcoin Mini Trust added another $7.37 million to the tally.

Fidelity’s FBTC stood out as the lone bright spot, attracting $26.72 million, though it was not enough to offset the broader weakness. Trading volume reached $4.26 billion, with total net assets holding at $114.28 billion.

Bitcoin, Ether ETFs Outflows Deepen as Solana and XRP Stay Resilient

Four days of successive outflows for ether ETFs

Ether ETFs mirrored bitcoin’s decline almost point for point. The group posted $224.26 million in net outflows, overwhelmingly driven by a $221.31 million redemption from Blackrock’s ETHA. Fidelity’s FETH accounted for the remaining pressure with a $2.94 million exit. Total value traded came in at $1.17 billion, while net assets edged slightly lower to $18.17 billion.

Solana ETFs continued to quietly attract capital despite the broader pullback. The category saw $3.64 million in net inflows, led by a $1.88 million addition to Grayscale’s GSOL and $1.35 million into Bitwise’s BSOL. Vaneck’s VSOL contributed a further $415K. Trading volume totaled $39.53 million, with net assets steady at $926.33 million