Ether ETFs hit worst week since January as Solana snaps 14-week inflow streak
U.S. spot ether exchange-traded funds posted roughly $542 million in weekly net outflows to mark their worst week since January, while Solana funds ended a record 14-week inflow run amid widespread redemptions across crypto funds.
U.S. spot ether exchange-traded funds posted roughly $542 million in net redemptions in the week ended Oct. 9, marking their worst weekly performance since January and stretching their outflow streak to nine consecutive trading sessions. According to SoSoValue data reported by CryptoSlate, the funds experienced redemptions in all five trading days, led by $201.89 million on Tuesday and $160.77 million on Wednesday, lowering cumulative net inflows to $13.26 billion and net assets to $15.71 billion.[1][2][3][4][6][7]
Solana ETFs also snapped a record 14-week streak of continuous inflows, losing about $24.8 million over five consecutive negative sessions. The weekly retreat marked the products' largest outflow since launch, reducing total cumulative inflows to $1.58 billion and leaving fund net assets at $1.73 billion.[1][3][4][6][7]
The retrenchment extended across the crypto market as spot bitcoin ETFs logged $681.1 million in net withdrawals, their first negative week since the week ended Sept. 11. Redemptions were concentrated mid-week, with $487.07 million pulled on Wednesday and $244.13 million on Thursday. Together, bitcoin, ether, and solana funds lost nearly $1.25 billion for the week, with an $11.31 million net gain in XRP ETFs offsetting less than 1% of the combined outflows.[3][5][6]
Key facts
- U.S. spot ether ETFs recorded $542.07 million in net outflows for the week ended Oct. 9, their largest weekly outflow since late January, extending an outflow streak to nine consecutive days.
- Solana ETFs shed $24.81 million over the week, marking their biggest weekly outflow since launch and ending a 14-week streak of net inflows.
- U.S. spot bitcoin ETFs registered $681.1 million in net withdrawals during the week, recording their first negative week since the week ended Sept. 11.
- Bitcoin, ether, and solana funds suffered nearly $1.25 billion in combined withdrawals during the week ended Oct. 9.
- U.S.-listed XRP ETFs added $11.31 million in net inflows to extend their positive streak to 13 consecutive weeks, counteracting less than 1% of outflows from bitcoin, ether, and solana funds.
- Ethereum ETF cumulative net inflows dropped to $13.26 billion with net assets falling to $15.71 billion, while Solana ETF cumulative net inflows slipped to $1.58 billion with net assets at $1.73 billion.
Sources · 7 sources
- CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: U.S. spot Ether ETFs suffer $542M in weekly outflows, their worst week since January The funds have now recorded nine straight days of withdrawals, while Solana ETFs shed $24.8M last week, snapping a 14-week inflow streak with their biggest weekly outflow since launch. https://t.co/4dmrIRO4rb
Open source - CO
Cointelegraph@CointelegraphPost on X ·
📊 MARKET: The $ETH ETFs saw their largest weekly net outflow since late January. https://t.co/zgDkGVYTuE
Open source - TB
The BlockArticle ·
Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run Spot bitcoin, solana, and ether ETFs all logged weekly outflows following last week's trading, a notable shift for some of the funds.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: US spot ether ETFs posted $542.1 million in net outflows last week, their worst week since January, extending their outflow streak to nine days. Solana ETFs lost $24.8 million, ending a record 14-week inflow streak with their largest weekly outflow since launch. https://t.co/lVDTxg8c9x
Open source - CR
CryptoSlate@CryptoSlatePost on X ·
US-listed $XRP ETFs added $11.31M in the week ended Oct. 9, extending their inflow streak to 13 weeks. Bitcoin, Ethereum and Solana ETFs lost nearly $1.25B; XRP’s additions offset less than 1%, per @SoSoValueCrypto. via @hardeyjumoh https://t.co/GUcvBUAN9L
Open source - CR
CryptoSlateArticle ·
XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion US-listed XRP ETFs extended their inflow streak to 13 weeks as Bitcoin , Ethereum and Solana funds suffered nearly $1.25 billion in combined withdrawals during the week ended Oct. 9. Bitcoin ETFs recorded $681.1 million in net withdrawals, while Ethereum products shed $542.07 million and Solana funds lost $24.81 million, according to SoSoValue’s Bitcoin , Ethereum and Solana tables. XRP ETFs added $11.31 million, leaving the four groups with combined net redemptions of about $1.24 billion. The divergence ended three weeks of Bitcoin ETF inflows and Solana’s 14-week positive streak. Ethereum recorded its largest weekly outflow since January. Bitcoin buying loses momentum as Ethereum withdrawals deepen Bitcoin’s $681.1 million weekly outflow followed $241.09 million of inflows the previous week, a $922.19 million swing in investor demand. Redemptions were concentrated in two sessions. Investors withdrew $487.07 million on Wednesday and another $244.13 million on Thursday. A $21.13 million inflow on Friday provided some relief, but left the funds with their first negative week since the week ended Sept. 11. CryptoQuant’s weekly netflow chart also shows withdrawals in the latest week. Bitcoin ETFs Weekly Netflow (source: CryptoQuant) Bitcoin-focused research platform Ecoinometrics’ Oct. 9 chart placed rolling 30-day ETF inflows at roughly 30,000 to 40,000 BTC and marked demand as slowing. US-listed Bitcoin ETFs Momentum Slows (Source: Ecoinometrics) The positive 30-day measure includes earlier purchases, while the weekly figure captures the latest reversal. Bitcoin ETF net assets ended the week at $105.84 billion, down from $108.89 billion a week earlier. Fund asset values reflect both subscriptions or redemptions and changes in Bitcoin’s market price. Ethereum’s reversal was more persistent. Its ETFs lost $542.07 million, nearly four times the previous week’s $138.02 million outflow, with withdrawals recorded in all five sessions. Tuesday’s $201.89 million outflow and Wednesday’s $160.77 million accounted for about 67% of the weekly withdrawals. Unlike Bitcoin funds, which recovered modestly by Friday, Ethereum products did not post a single positive session. The selling reduced cumulative net inflows since launch to $13.26 billion from $13.80 billion the preceding week. Net assets fell to $15.71 billion from $17.46 billion, a larger decline than the withdrawals alone and one that also reflects changes in ETH's price. Solana’s streak ends while XRP ETFs keep attracting capital The pressure extended to Solana ETFs, which recorded $24.81 million in weekly redemptions and their first negative week since June. All five trading sessions registered withdrawals. Monday’s $9.25 million was the largest daily loss, followed by $4.80 million on Wednesday, while the remaining sessions also ended below zero. The loss was smaller than those of Bitcoin and Ethereum , but interrupted a lengthy stretch of subscriptions. Solana ETF cumulative inflows slipped to $1.58 billion, with net assets closing at $1.73 billion. XRP funds provided the exception. They attracted $11.31 million during the week, more than double the prior week’s $4.74 million, extending their run to 13 consecutive weeks of inflows. The additions came on Tuesday, when XRP products drew $3.14 million, and Thursday, when they received $8.17 million. The other three sessions recorded no net flows. XRP’s weekly inflows offset less than 1% of the combined withdrawals from Bitcoin, Ethereum and Solana ETFs, making them a small counterweight to the broader redemptions. Positive subscriptions also failed to prevent a decline in XRP ETF assets. Their net assets fell to $1.57 billion from $1.66 billion in the previous week, even as cumulative inflows rose to $1.80 billion. The post XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion appeared first on CryptoSlate .
Open source - BL
BlockNews@blocknewsdotcomPost on X ·
🚨LATEST: U.S. spot Ethereum ETFs recorded $542.1 MILLION in net outflows last week, their worst weekly performance since January, extending their outflow streak to nine consecutive days. Solana ETFs also lost $24.8 MILLION, snapping a record 14-week inflow streak and marking their largest weekly outflow since launch.
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