Solana ETFs Defy Trend With Seven Days of Inflows as Bitcoin, Ethereum Lose $255M

Solana ETFs maintained their winning streak for a seventh consecutive trading session on November 5, attracting $9.70 million in fresh inflows.

The sustained demand resulted in cumulative inflows of $293.80 million, with total net assets reaching $531.35 million. The positive performance contrasts sharply with that of Bitcoin and Ethereum ETFs, which recorded their sixth consecutive day of combined outflows totaling $255.58 million on November 5.

Bitcoin ETFs Record Sixth Consecutive Outflow Day at $137M

November 5 was the sixth straight trading session of negative flows for Bitcoin ETFs, with $137 million in net redemptions. BlackRock’s IBIT led outflows at $375.49 million, representing 3,610 BTC.

Fidelity’s FBTC bucked the trend with $113.30 million in inflows for 1,090 BTC. Ark & 21Shares’ ARKB attracted $82.94 million, representing 797.10 BTC.

Grayscale’s BTC mini trust recorded $21.61 million in positive flows for 207.68 BTC. Bitwise’s BITB added $16.97 million for 163.07 BTC. VanEck’s HODL gained $3.68 million, corresponding to 35.35 BTC.

Grayscale’s GBTC, Invesco’s BTCO, Valkyrie’s BRRR, Franklin’s EZBC, WisdomTree’s BTCW, and Hashdex’s DEFI all showed zero flows on November 5.

The six-day outflow sequence includes $470.71 million on October 29, $488.43 million on October 30, $191.60 million on October 31, $186.51 million on November 3, $577.74 million on November 4, and $137 million on November 5.

Cumulative total net inflows for Bitcoin ETFs declined to $60.28 billion from $60.42 billion between November 4 and November 5. Total net assets decreased to $139.15 billion from $134.53 billion over the same period.

Ethereum ETFs Extend Losing Streak to Six Days

Ethereum ETFs recorded $118.58 million in net redemptions on November 5 and marks the sixth consecutive session of negative flows. The sustained outflows bring the six-day total to $837.66 million.

The six-day outflow sequence includes $81.44 million on October 29, $184.31 million on October 30, $98.20 million on October 31, $135.76 million on November 3, $219.37 million on November 4, and $118.58 million on November 5.

November 4 was the largest single-day outflow during the streak, with November 5 showing some moderation in redemption pressure.

Cumulative total net inflows for Ethereum ETFs declined to $13.90 billion from $14.01 billion between November 4 and November 5. Total net assets decreased to $22.74 billion from $21.12 billion over the same period.

The asset fluctuations stem from both redemptions and ETH price volatility. Trading volume reached $1.79 billion on November 5, down substantially from $4.15 billion on November 4.

All major Ethereum ETF providers reported zero flows on November 5, following a similar pattern observed in recent sessions.

Solana ETFs Maintain Perfect Record with Seventh Positive Session

Solana ETFs recorded $9.70 million in inflows on November 5, extending the perfect streak to seven consecutive trading days.

The modest intake is the second-smallest daily flow during the streak but maintains positive momentum. Cumulative inflows reached $293.80 million with total net assets of $531.35 million. Trading volume hit $50.81 million, down from $68.53 million on November 4.

The seven-day inflow sequence includes $69.45 million on October 28, $47.94 million on October 29, $37.33 million on October 30, $44.48 million on October 31, $70.05 million on November 3, $14.83 million on November 4, and $9.70 million on November 5.

Solana ETFs have now attracted positive inflows for every trading session since their launch in late October. The seven-day streak, totaling $293.80 million, demonstrates sustained institutional demand for regulated Solana exposure through traditional brokerage accounts.