Solana news: Bitcoin ETFs See Largest Outflow in Months as Solana Funds Remain Positive
Bitcoin ETFs Experience Significant Outflows
On May 13, spot Bitcoin (BTC) exchange-traded funds (ETFs) registered $635.23 million in outflows, marking the largest single-day withdrawal since January 29. According to SoSoValue data, Bitcoin ETFs have now seen two consecutive days of outflows, threatening to end a six-week streak of positive weekly inflows. The current weekly flow stands at negative $841.19 million.
Recent Trends in Bitcoin ETF Flows
The previous six weeks brought approximately $3.4 billion into spot Bitcoin products, representing the longest positive streak since July 2025. April was particularly strong, with $1.97 billion in inflows, largely driven by BlackRock’s iShares Bitcoin Trust. Early May continued this momentum, but recent days have reversed the trend, with four days of outflows interrupted only by a modest $27.29 million inflow on May 11.
Solana Funds Maintain Positive Momentum
In contrast to Bitcoin, Solana ETFs have not posted a single outflow day in May. They have attracted $90.83 million across eight positive sessions and one flat day, positioning Solana at the forefront of altcoin ETF performance this month.
Comparative Performance Among Altcoin ETFs
- XRP ETFs recorded three days of zero flows in May.
- Dogecoin ETFs saw only three inflow days with modest sums.
- Chainlink products posted four inflow days.
Solana’s consistent inflows highlight its strong position among altcoin ETFs. Additionally, 21Shares’ Hyperliquid (HYPE) ETF has maintained a positive streak since its May 12 debut, drawing $2.52 million in its first two sessions.
Conclusion
While Bitcoin ETFs face significant outflows, Solana funds continue to attract investor interest, leading altcoin ETF performance in May. This divergence underscores shifting trends within the digital asset ETF landscape.
