Bitcoin ETFs recorded a fifth consecutive day of outflows, while ether ETFs also remained under pressure. XRP and solana ETFs continued to post modest inflows, signaling selective investor appetite amid broader caution.
XRP and Solana Stay Green as Bitcoin Logs Fifth Straight Outflow Day
A quiet holiday backdrop did little to steady crypto exchange-traded fund (ETF) flows, as investors continued trimming exposure to bitcoin and ether while maintaining smaller allocations to XRP and solana funds.
Bitcoin spot ETFs saw a net outflow of $175.29 million, extending their streak of daily exits to five sessions. The selling pressure was broad-based, spanning eight different funds. Blackrock’s IBIT once again absorbed the largest share, shedding $91.37 million. Grayscale’s GBTC followed with a $24.62 million outflow, while Fidelity’s FBTC lost $17.17 million.
Additional exits were spread across Bitwise’s BITB at $13.32 million, Ark & 21Shares’ ARKB at $9.88 million, and Vaneck’s HODL at $8.05 million. Smaller outflows were also recorded by Grayscale’s Bitcoin Mini Trust with $5.81 million and Franklin’s EZBC with $5.06 million. Despite the heavy exits, trading activity remained elevated at $31.57 billion, while total net assets edged slightly lower to $113.83 billion.
Ether ETFs also closed the day in the red, posting a net outflow of $52.70 million. Grayscale’s ETHE led the declines with a $33.78 million exit, followed by Blackrock’s ETHA, which saw $22.25 million leave the fund. The only offset came from Grayscale’s Ether Mini Trust, which attracted a modest $3.33 million inflow. Trading volumes cooled to $689.44 million, and net assets held steady at $17.86 billion.
XRP ETFs continued their steady run of inflows, adding $11.93 million on the day. Franklin’s XRPZ accounted for nearly all of the activity with an $11.14 million inflow, while Canary’s XRPC contributed a smaller $794K addition. Total value traded came in at $10.84 million, with net assets unchanged at $1.25 billion.
Read more: Bitcoin Logs 4th Straight Outflow Day With $189 Million Exit
Solana ETFs also remained in positive territory, albeit with modest gains. The group recorded a $1.48 million inflow, driven by a $1.08 million addition to Fidelity’s FSOL and a $399K inflow into Vaneck’s VSOL. Trading volume reached $15.77 million, and total net assets stood at $930.59 million.
Overall, Christmas Eve’s trading reflected a cautious market tone. Bitcoin and ether ETFs continued to see consistent outflows, while XRP and solana maintained small but persistent inflows, as the markets go off for the holidays.
FAQ🎄
Why are bitcoin ETFs seeing five straight days of outflows?
Holiday-thinned liquidity and risk reduction have led investors to trim bitcoin exposure.What’s driving continued weakness in ether ETFs?
Persistent redemptions from major funds signal cautious positioning despite stable assets.Why are XRP ETFs still attracting inflows?
Investors are selectively maintaining XRP exposure due to steady demand and regulatory clarity.
How are solana ETFs performing during the holiday period?
Solana ETFs remain modestly positive, reflecting small but consistent capital rotation.
