Spot Bitcoin ETFs pull $238M as Ether funds snap 8-day outflow streak
Analysis
Price Impact
HighSignificant inflows across bitcoin, ether, and solana etfs signal renewed institutional interest and a potential reversal of recent market downturns. the snapping of outflow streaks for btc and eth is particularly impactful.
Trustworthiness
HighThe data is sourced from farside investors, a reputable provider of etf flow data, and reported by cointelegraph, a well-known and reliable crypto news outlet.
Price Direction
BullishThe rebound in btc and eth etf inflows, coupled with sustained strong inflows for sol, indicates increasing buying pressure from institutional investors. this positive shift in sentiment often precedes upward price movements, especially after a period of corrections.
Time Effect
ShortWhile sustained etf inflows can have long-term effects, the immediate impact of this specific rebound, following recent volatility and liquidations, is likely to manifest as short-term price stabilization and potential upward momentum.
Original Article:
Article Content:
Amin Haqshanas 3 minutes ago Spot Bitcoin ETFs pull $238M as Ether funds snap 8-day outflow streak Bitcoin ETFs pull in $238 million as Ether funds end an eight-day outflow streak and Solana products extend a ten-day run of inflows. Listen 0:00 35 News COINTELEGRAPH IN YOUR SOCIAL FEED Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin ( BTC ) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the turnaround with $108 million, while smaller contributions from BITB, ARKB, and BTCO helped lift sentiment. Even Grayscale’s GBTC, long pressured by outflows, added $61.5 million, according to data from Farside Investors. The recovery came after a bruising $903 million outflow on Thursday, the biggest outflow day in November and one of the largest single-day outflows since the products were launched in January 2024. During the day, redemptions hit nearly every issuer, including IBIT with a loss of $355.5 million, FBTC with $190.4 million pulled, and GBTC with $199.4 million in outflows. Bitcoin ETFs attract $238 million. Source: Farisde Investors Related: BlackRock Bitcoin ETF sheds $2.47B in November as outflows hit record $3.79B Ether funds snap 8-day outflow streak After eight consecutive sessions of redemptions, Ether ( ETH ) ETFs broke their losing streak with $55.7 million in inflows on Friday, powered largely by Fidelity’s FETH, which brought in $95.4 million. The reversal followed a punishing stretch from Nov. 11–20, when Ethereum funds shed a combined $1.28 billion, one of the longest and deepest red waves since their launch. Meanwhile, Solana ( SOL ) ETFs continue to outperform the broader altcoin market. Since launch, the five Solana funds have gathered $510 million in net inflows, led overwhelmingly by Bitwise’s BSOL with $444 million. The group has now logged a 10-day inflow streak. Related: ARK Invest wraps up week with Bitcoin ETF, Bullish, Circle, BitMine buys Ether traders tentatively add longs Ether slumped sharply this week, dropping 15 percent between Wednesday and Friday and liquidating 460 million dollars in leveraged long positions. However, despite the decline and a total drawdown of 47 percent since the August all-time high, derivatives data shows top traders slowly adding long exposure . Futures funding rates have risen from four percent to six percent, indicating early signs of stabilization even though bullish demand remains weak. Magazine: 2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more # Bitcoin # Cryptocurrencies # Altcoins # Ethereum # Cryptocurrency Investment # Ethereum ETF # Bitcoin ETF # ETF Add reaction