Bitcoin, Solana ETFs See Outflows After Market Dip
The latest streak of inflows in US spot Bitcoin exchange-traded funds (ETFs) was interrupted by fresh outflows as the BTC price dipped below $71,000 on Thursday. Spot Bitcoin (BTC) ETFs saw $228 million in net outflows…
U.S. spot Bitcoin ETFs reversed a recent inflow streak after Bitcoin slipped below $71,000 on Thursday, prompting net redemptions across the sector.
Data provider SoSoValue reported $228 million in net outflows from spot Bitcoin ETFs on Thursday, ending a three-day inflow run of roughly $1.1 billion. Weekly inflows stood at $917.3 million heading into Friday, while year-to-date net flows showed about $900 million in net outflows. For 2026, cumulative inflows total $3.58 billion against cumulative outflows of $4.49 billion. Total assets under management across the ETFs remained above $90 billion after having reclaimed that level earlier in the week.
Farside data showed BlackRock’s iShares Bitcoin Trust led the day’s withdrawals with $89 million, followed by Fidelity’s Wise Origin Bitcoin Fund at $48 million and Bitwise Bitcoin ETF at $46 million.
Market observers warned the recent upside may be a relief rally rather than the start of a sustained bull market. CryptoQuant said the advance above $73,000 looked like a relief move and noted downside risk with forecasts that Bitcoin could revisit levels below $60,000 amid the ongoing crypto winter.
Altcoin ETFs were also hit by selling. Ether funds recorded $91 million in outflows, while XRP and Solana ETFs saw smaller outflows of $6 million and $5 million, respectively. The Solana withdrawals were the first since early February, though Solana ETFs have still attracted about $200 million in inflows year to date. XRP has accumulated roughly $86 million in inflows so far this year.
Despite a roughly 57% decline in SOL since the launch of spot Solana ETFs in July, Solana products have amassed about $1.5 billion in cumulative inflows, Bloomberg ETF analyst Eric Balchunas noted. He added that many institutional investors increased exposure to Solana in the fourth quarter of 2025, and that holding onto $1.5 billion of inflows without major capitulation is a constructive signal for future demand.
This report was prepared under standard editorial practices. Readers are encouraged to verify figures with primary data providers and individual fund disclosures.