XRP, ETH, and BTC ETFs See Inflows, SOL Dips
Spot ETFs for BTC, ETH, and XRP saw inflows on Nov. 26, while SOL recorded its first net outflow since launch.
- BTC, ETH, and XRP ETFs recorded strong net inflows.
- SOL ETFs saw a net outflow of $8.10M, the first since launch.
- ETH led the day with over $60M in inflows.
November 26 marked a notable day in the crypto ETF market as spot ETFs for Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) attracted significant investor attention, showing strong net inflows. However, Solana (SOL) ETFs experienced their first net outflow since launch, signaling a potential shift in investor sentiment.
Spot ETF inflows have become an important indicator of institutional interest in crypto assets. While BTC and ETH remain consistent favorites, XRP’s rise and SOL’s sudden dip reflect evolving market preferences.
ETH Leads with Strong Institutional Demand
Ethereum spot ETFs took the spotlight with a remarkable $60.82 million in net inflows. This surge suggests growing confidence in ETH’s long-term potential, especially amid renewed discussions around Ethereum upgrades and broader ecosystem development.
Bitcoin followed with a healthy $21.12 million in inflows, indicating continued institutional trust in the digital gold narrative. Meanwhile, XRP posted $21.81 million in net inflows, showing that investor interest in the Ripple ecosystem is growing, possibly fueled by regulatory clarity in the U.S.
Solana Faces Its First Pullback
After a strong streak since its ETF debut, Solana ETFs recorded their first net outflow of $8.10 million. This change could be due to short-term profit-taking or a broader market reassessment of SOL’s current valuation after its recent price rally.
Despite the dip, SOL remains one of the top-performing assets this year. Whether this outflow signals a trend or a temporary pause remains to be seen.
