Spot Solana ETFs Gain, Bitcoin and Ether Funds See Outflows

Solana (SOL) spot ETFs continued their winning streak for the sixth day, attracting fresh capital even as Bitcoin (BTC) and Ether (ETH) funds saw substantial withdrawals. According to Farside Investors, Bitcoin spot ETFs recorded $578 million in outflows on Tuesday alone, marking the largest single-day decline since mid-October. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC led the withdrawals.

Ether ETFs faced similar pressure, posting $219 million in net outflows. Fidelity’s FETH and BlackRock’s ETHA products were the hardest hit, extending a five-day trend that has pulled nearly $1 billion from Ether-linked ETFs since late October. Meanwhile, Solana spot ETFs saw $14.83 million in net inflows, their sixth consecutive day of gains, benefiting funds such as Bitwise’s BSOL and Grayscale’s GSOL.

CZ Pardon and White House Statement

White House Press Secretary Karoline Leavitt stated that the pardon of Binance CEO Changpeng Zhao was reviewed with “utmost seriousness” and followed standard procedures before President Trump approved it. “Every pardon request is first reviewed by qualified lawyers before reaching the President for final approval,” Leavitt said.

In a 60 Minutes interview, Trump noted that he does not personally know Zhao. Zhao had pleaded guilty to failing to maintain an effective Anti–Money Laundering program under the U.S. Bank Secrecy Act and served four months in prison before being pardoned on October 23.

Binance CEO Denies Trump Family Stablecoin Allegations

Richard Teng, CEO of Binance, denied that the exchange played a role in the selection of USD1, the stablecoin issued by the Trump family’s World Liberty Financial, in a $2 billion deal. “The decision to use USD1 was entirely made by MGX; Binance did not participate,” Teng told CNBC.

The deal was initially announced in March, but scrutiny increased after Trump’s pardon of Zhao. Teng emphasized that Binance acted independently of political or corporate influence.

Current Market and Data Highlights

• U.S. ADP Non-Farm Employment: 42K (Forecast: 30K, Previous: -32K)

• BlackRock transferred 34,777 ETH ($115M) to Coinbase Prime

• Orderly protocol began $ORDER token buybacks using 60% of protocol fees

These developments show ongoing shifts in institutional investor behavior and ETF trends. Continuous inflows into Solana spot ETFs indicate that investors are seeking new opportunities rather than exiting the market.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates

The post Solana ETFs Rise as Bitcoin and Ether Funds See Outflows appeared first on Coin Engineer.

Bitcoin Funds at the Top!

Bitcoin funds ended the week as leaders with $3.5 billion in investments. This level was recorded as the highest figure ever for Bitcoin funds. Market observers say this reflects increased institutional interest following the halving period and US-based ETF flows. However, some analysts believe short-term corrections may occur. Nevertheless, the overall trend indicates that Bitcoin has entered a long-term strengthening phase.

You May Be Interested In: Bitcoin Hits New Highs as Crypto Funds See $3.7 Billion Weekly Inflows

Ethereum Funds Continue Strong Uptrend

Ethereum funds maintained investor interest with $1.4 billion in inflows. Total assets under management reached $13.7 billion, hitting a new high. This increase indicates that institutional investors’ confidence in ETH remains strong. Staking yields and layer-2 growth, in particular, have made Ether funds attractive. While some fund managers anticipate Ethereum’s volatility may persist in the short term, the overall trend is positive.

Solana Funds Hit Record High

Solana funds received a massive $706 million investment, reaching the highest fund inflows ever. Solana’s scalability advantage and growth in the DeFi ecosystem have increased investor interest. Meanwhile, XRP, Sui, LINK, LTC, and ADA funds also ended the week with positive returns. No investments were seen in short-Bitcoin funds, indicating that the market is generally positioned for an upward trend.

The largest investment inflow by country occurred in the US, amounting to $5 billion. Switzerland ranked second with $563 million, while Germany came in third with $311 million. This picture reveals that global investment flows are shifting back towards US-based crypto funds. Increased regulatory clarity has paved the way for institutional investors to strengthen their positions. Fund flows in Europe progressed more steadily with MiCA regulations.

BlackRock ETFs Close Strong

BlackRock’s Bitcoin and Ethereum-focused ETFs ended the week with $2.5 billion in investment volume. This performance indicates that institutional capital’s interest in crypto markets is growing stronger. The success of BlackRock’s ETFs has encouraged other major financial institutions to develop similar products. Experts predict that such initiatives will further legitimize crypto funds and digital assets.

The post Crypto Funds Hit Record: Historic Investment in Solana appeared first on Coin Engineer.