ETF flows from Dec. 31 show continued outflows from Bitcoin and Ethereum products. None of the BTC or ETH spot ETFs reported inflows that day, while both saw notable net withdrawals.
At the same time, Solana and XRP ETFs recorded small but positive inflows. It’s interesting to see money leaving the larger assets while some interest remains in select altcoin products.
Do you think this reflects short-term rotation, or something more structural?