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U.S. crypto ETFs extend outflows as Solana draws fresh inflows
U.S.-listed crypto exchange-traded funds continued to record significant outflows this week, reflecting cautious institutional positioning amid persistent volatility in digital asset markets. While Bitcoin, Ether and XRP products remained under pressure, Solana funds stood out as the only major segment attracting fresh capital. Spot Bitcoin ETFs posted $133.3 million in net outflows on Wednesday, according to SoSoValue data. BlackRock’s iShares Bitcoin Trust (IBIT) led the withdrawals with more than $84 million exiting the fund, while Fidelity’s FBTC saw $49 million in redemptions. Trading volumes remained below ... (full story)