Haciyev Reşit 
As of November 7, data shows that capital flows in U.S.-traded spot crypto ETFs have turned volatile again. While Bitcoin (BTC) and Ethereum (ETH) funds continue to experience outflows, Solana (SOL) remains a standout with sustained investor interest. This trend suggests that investors, while still cautious, are increasingly diversifying into alternative Layer-1 projects.
Millions Flow Out of Bitcoin ETFs
U.S. spot Bitcoin ETFs recorded a net outflow of $558.4 million on November 7. Analysts view this as a reflection of recent market volatility and investor caution.
With Bitcoin dipping below the critical $100,000 threshold, ETF investors have scaled back short-term risk exposure. However, on-chain data indicates that long-term institutional funds have started accumulating again a sign often associated with market bottom formation and renewed medium-term growth potential.
Ethereum ETFs Also See Withdrawals
Ethereum ETFs, after a brief period of positive inflows, reported $46.62 million in net outflows. Despite ETH struggling to hold above $3,000, some investors remain optimistic due to upcoming Layer-2 innovations, staking yields, and protocol upgrades.
Experts note that these outflows may primarily reflect short-term profit-taking rather than a loss of confidence. Once selling pressure subsides, institutional interest in Ethereum could rebound.
Solana Funds Attract Strong Inflows
In contrast, Solana ETFs saw $12.69 million in net inflows, marking a clear divergence from the broader market trend. Institutional demand for Solana continues to grow, supported by its high transaction speed, low fees, and expanding activity across DeFi and NFT ecosystems.
Analysts believe that Solana’s ongoing technical upgrades and robust developer ecosystem are key reasons behind sustained fund interest. As a result, Solana is solidifying its position as the third major alternative in the spot ETF market, behind Bitcoin and Ethereum.
Conclusion
As of November 7, the data highlights a rebalancing phase in the crypto ETF market. While Bitcoin and Ethereum ETFs are seeing cautious outflows, steady inflows into Solana funds indicate a growing investor appetite for innovative, scalable blockchain networks.
Experts emphasize that these ETF capital movements signal not just short-term volatility but a strategic realignment among institutional investors navigating the evolving digital asset landscape.
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