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Bitcoin ETFs See Modest Inflows as Solana Stays Hot

CN
bitcoin.com
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4 months ago
AI summarizes in 5 seconds.

A quiet Monday, Nov 10, opened the new trading week for digital asset ETFs, offering a stark contrast to the volatility of early November. Bitcoin ETFs barely managed to stay in the green, while ether ETFs remained completely flat. Solana continued its unbroken streak of inflows, a sign that investors are slowly warming up to the third-largest crypto network’s growing appeal.

Bitcoin ETFs recorded a modest inflow of $1.15 million, all of which came from Bitwise’s BITB. None of the other eleven funds saw any trading activity, suggesting a cautious start to the week for institutional participants. Despite the minimal flows, trading volumes remained robust at $4.15 billion, with total net assets rising slightly to $141.54 billion.

Ether ETFs, meanwhile, had one of their quietest trading days since launch. There were no inflows or outflows across any of the nine funds, signaling a pause in investor movement after several volatile weeks. Daily trading value stood at $1.53 billion, while net assets held steady at $23.43 billion.

Bitcoin ETFs See Modest Inflows as Solana Stays Hot

Solana ETFs green run hits the 10th day.

The spotlight, once again, belonged to solana ETFs, which continued to impress with consistent capital inflows. Bitwise’s BSOL attracted $5.92 million, while Grayscale’s GSOL brought in an additional $854,480, for a combined $6.78 million. The duo’s total net assets climbed to $598.36 million, as trading volumes reached $39.63 million, further underscoring the growing investor enthusiasm for Solana exposure.

It may have been a quiet day for bitcoin and ether, but solana’s ETFs kept the week from starting flat. The continued green streak hints that, even in a calm market, investor curiosity in the network’s momentum hasn’t cooled one bit.

FAQ 🪙

  • How did crypto ETFs start the week?
    Bitcoin ETFs saw a small $1.15 million inflow, while ether remained flat, and solana led with steady gains.
  • What drove Bitcoin ETF flows on Monday?
    All of bitcoin’s modest inflows came from Bitwise’s BITB, signaling cautious institutional activity.
  • How did ether ETFs perform?
    Ether ETFs recorded no inflows or outflows, marking one of their quietest trading days since launch.
  • Why does Solana keep standing out?
    Solana ETFs drew $6.78 million in new capital, extending their streak of consistent investor inflows.

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