Key Takeaways
- Crypto investment products continue to see outflows towards the end of the year.
- Bitcoin led the outflows in the past week, while Solana and XRP continue to see inflows for another week.
- The weekly flows indicate a cautious approach by investors.
Bitcoin and Ethereum exchange-traded funds (ETFs) have continued to experience massive outflows towards the end of the year.
At a time when BTC and ETH investment products continue to see outflows, Solana and XRP ETFs have maintained their market-defying momentum, recording their most significant weekly inflows since inception.
Bitcoin and Ethereum Products Still Negative, Altcoins See Optimism
Crypto investment products saw outflows of $446 million last week, bringing total outflows since the October 10th shock price decline to $3.2 billion.
Despite the recent drawdown, year-to-date inflows remain robust at $46.3 billion, slightly below 2024’s $48.7 billion, while total assets under management (AUM) are still up 10% YTD.
Bitcoin investment products accounted for the bulk of last week’s outflows, shedding $443 million, while Ethereum products followed with $59.5 million in outflows.
In contrast, newer products continued to attract capital. Solana and XRP ETFs both posted their strongest weekly inflows since launch, defying the broader trend.
XRP ETFs recorded $79 million in net inflows, while Solana ETFs added more than $7.5 million.
The divergence suggests investor confidence is becoming increasingly selective, with capital rotating toward XRP and Solana exposure even as funds continue to exit Bitcoin and Ethereum products.
Investors Cautious
Examining the weekly flow of crypto investment products, investors remain cautious about the value of BTC and ETH heading into the end of the year.
BTC’s price reclaimed $90,000, while the ETH price climbed above $ 3,000.
However, like several past instances since October, both tokens failed to sustain the bullish momentum and lost all of their gains within hours of breaking past key resistance.
On the other hand, altcoin spot prices remain in the bearish zone; however, due to the recent launch of these products, investors are more open to taking risks with them, as evident from XRP’s zero outflow days, while Solana has seen key inflows from time to time.
The United States remains the hub of most flows, owing to the launch of some of the largest ETF products in the country.
Germany’s inflows suggest opportunistic buying during market dips, while the US dominated the negative flows.
Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.
His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.
Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.
