Bitcoin ETFs See Outflow as Ether Gains $140M Inflows
U.S. spot Bitcoin ETFs ended a five-day inflow streak with a $14.90M outflow, while Ether ETFs gained $140M on December 3.
- Bitcoin ETFs saw a $14.90M net outflow after five days of inflows.
- BlackRock’s IBIT recorded the largest inflow with $42.24M.
- Spot Ether ETFs gained $140M, while Solana ETFs lost $32.19M.
After a strong run of five consecutive inflow days, U.S. spot Bitcoin ETFs saw a reversal on December 3, reporting a net outflow of $14.90 million, according to data from SoSoValue. This sudden shift may reflect short-term profit-taking or investor hesitation as markets await more macroeconomic clarity.
Despite the overall outflow, BlackRock’s iShares Bitcoin Trust (IBIT) stood out with a $42.24 million single-day inflow, reinforcing its position as a preferred vehicle among institutional investors.
This mixed activity signals that while long-term confidence in Bitcoin remains, short-term volatility and investor caution continue to shape ETF flows.
Ether ETFs Shine with Strong Inflows
While Bitcoin ETFs dipped, spot Ether ETFs saw a surge in investor interest, bringing in $140 million in net inflows on the same day. This signals growing optimism around Ethereum, potentially driven by speculation about future ETF approvals in the U.S. or bullish sentiment ahead of upcoming Ethereum upgrades.
This divergence between Bitcoin and Ether suggests that investors are rotating capital toward ETH, possibly expecting greater upside or lower risk in the near term.
Solana ETFs See Outflows Amid Market Repositioning
On the other hand, U.S. Solana spot ETFs recorded $32.19 million in net outflows. While Solana has performed strongly over the last few months, this drop could indicate that some investors are locking in gains or moving to more established assets like Ethereum and Bitcoin.
Still, Solana remains one of the top-performing Layer 1 tokens this year, and its ETF activity will be worth watching as institutional interest continues to diversify.
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