Market Trends in Crypto Spot ETFs
Bitcoin spot ETFs recorded $58.5 million in net inflows on December 2. Ethereum spot ETFs saw a net outflow of $9.9 million on the same day. Solana spot ETFs gained $45.8 million in net inflows amid investor demand.
Bitcoin remains in demand as investors pour millions into spot ETFs for the fifth day in a row. Ethereum is taking a hit with outflows, while Solana is gaining fresh momentum. Shifting investor interest is creating new trends in the crypto ETF market.
Bitcoin Spot ETFs Continue Inflow Streak
On December 2 (ET), Bitcoin spot ETFs registered a net inflow of $58.5 million. This marked the fifth consecutive day of inflows for the asset class. The consistent trend of capital entering Bitcoin ETFs reflects continued institutional interest.
Bitcoin has maintained a dominant position in the crypto ETF market. Its spot ETFs have been drawing investor funds even as broader market conditions remain mixed.
Analysts tracking the data point to Bitcoin’s market performance and future ETF expectations as possible reasons for the steady inflows.
Ethereum and Solana ETFs Show Contrasting Trends
While Bitcoin spot ETFs gained, Ethereum spot ETFs recorded a net outflow of $9.9 million on December 2. This reflects a reversal of investor sentiment compared to Bitcoin. Ethereum had previously seen inflows in the past weeks, but recent days have seen investors withdrawing funds.
The shift may be connected to delays or a lack of clarity surrounding Ethereum spot ETF approval in the United States.
Meanwhile, Solana spot ETFs recorded a net inflow of $45.8 million, making it the second-highest performer of the day after Bitcoin. Solana’s recent market activity and ecosystem growth could be attracting investor interest.