Ethereum spot ETFs experienced a $35.5 million net inflow in a single day, driven primarily by BlackRock’s ETHA, which pulled in $23.7 million.
US Spot BTC ETFs See Outflows as Altcoins Attract Fresh Capital
US spot Bitcoin ETFs recorded a net outflow of $60.48 million on Monday, even though BlackRock’s IBIT fund brought in a single-day inflow of $28.76 million.
According to SoSoValue, Grayscale’s GBTC saw the largest outflows at $44.03 million, followed by Fidelity’s FBTC fund with $39.44 million in withdrawals.
Ethereum ETFs Gain Momentum
In contrast, spot Ethereum ETFs experienced a net inflow of $35.5 million yesterday, led by BlackRock’s ETHA, which drew $23.7 million in fresh capital.
Altcoin ETFs Surge – XRP Leads the Way
Altcoin ETFs are seeing strong interest, with Ripple’s XRP spot ETFs attracting more than $900 million in cumulative institutional capital since their debut last month. This influx highlights a shift of funds amid Bitcoin volatility and ongoing arbitrage activity.
XRP saw $38.04 million in inflows on Monday alone across four funds, marking the largest altcoin ETF debut to date. Meanwhile, Solana’s spot ETFs added $1.18 million in net inflows, driven entirely by Fidelity’s FSOL fund, bringing Solana’s cumulative net inflows to $640.06 million since October 28.
XRP itself has experienced notable price swings, reaching a peak of $2.20 at the start of December before dropping 1.54% to $2.05 in the past 24 hours. At the time of writing, XRP trades at $2.06. Solana has risen nearly 5% over the past week and is currently trading at $133.16.
Outlook for ETFs in 2026
Katherine Dowling, an executive at Bitwise Asset Management, told DL News that the crypto ETF sector is set for continued growth.
“ETFs provide a great entry point for investors looking for exposure,” she said, noting that altcoin funds like Solana and XRP have strong fundamentals that could support further price gains.
Bitfinex analysts also see current movements as a healthy, tactical rebalancing. They noted that “the spot ETF channel remains intact” and that Bitcoin’s long-term structural thesis remains strong.
“As more institutional investors use ETFs as entry points, Bitcoin’s journey toward becoming a regulated store-of-value continues, which could make future inflows deeper and more stable,” the analysts added.
