On December 16th (ET time), US spot cryptocurrency ETF funds experienced notable capital flow fluctuations, reflecting cautious sentiment among institutional investors. The Bitcoin spot ETF saw a net outflow of $277 million, with Fidelity’s FBTC fund being the only one to record net inflows, indicating selective choices rather than broad-based buying.
Meanwhile, the Ethereum spot ETF continued to face selling pressure, with total net outflows of $224 million, marking the fourth consecutive day of capital withdrawal. This suggests that risk-averse sentiment still dominates ETH-related products.
In contrast, the Solana spot ETF recorded a net inflow of $3.64 million, although modest, reflecting growing interest in alternative Layer 1 assets.
Overall, the data indicates that investors are taking a defensive stance, reallocating capital cautiously rather than completely withdrawing from the cryptocurrency market.
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Cryptocurrency ETF capital flows reverse: BTC and ETH face capital withdrawal pressure while Solana attracts light investment
On December 16th (ET time), US spot cryptocurrency ETF funds experienced notable capital flow fluctuations, reflecting cautious sentiment among institutional investors. The Bitcoin spot ETF saw a net outflow of $277 million, with Fidelity’s FBTC fund being the only one to record net inflows, indicating selective choices rather than broad-based buying.
Meanwhile, the Ethereum spot ETF continued to face selling pressure, with total net outflows of $224 million, marking the fourth consecutive day of capital withdrawal. This suggests that risk-averse sentiment still dominates ETH-related products.
In contrast, the Solana spot ETF recorded a net inflow of $3.64 million, although modest, reflecting growing interest in alternative Layer 1 assets.
Overall, the data indicates that investors are taking a defensive stance, reallocating capital cautiously rather than completely withdrawing from the cryptocurrency market.