Institutional money is rapidly rotating back into Bitcoin, with spot ETFs pulling in $524 million in a single day, headlined by BlackRock’s IBIT fund which alone took in $224 million. This renewed flow underscores an upswing in investor conviction toward Bitcoin, especially as Ethereum spot ETFs recorded outflows totaling $107 million, with all nine major products posting redemptions and no inflows. Meanwhile, Solana spot ETFs continue their impressive streak, bookmarking 11 consecutive days of inflows and a total of $7.9 million—highlighting a growing appetite for high-speed blockchain alternatives.
Funds Rush Back Into Bitcoin ETFs
– On November 11, Bitcoin spot ETFs saw a staggering $524 million in net inflows.
– BlackRock’s IBIT led the pack with a $224 million single-day net intake—the largest among all issuers.
– Other leading funds—Fidelity’s FBTC and Ark 21Shares’ ARKB—also posted major gains, reaffirming Bitcoin’s dominance as “mainstream crypto allocation.”
– Total net assets across all U.S. Bitcoin ETFs now stand at $137.8 billion, about 6.6% of Bitcoin’s supply.
Ethereum and Solana: Diverging Momentum
– Ethereum spot ETFs were hit with $107 million in outflows across all nine products, reflecting investor hesitancy over regulatory uncertainty, staking model ambiguity, and short-term price volatility.
– Solana spot ETFs marked their 11th straight day of inflows, with $7.9 million added primarily to Grayscale’s GSOL and Bitwise’s BSOL. Some analysts cite Solana’s speed and robust developer growth as drivers of sustained institutional interest.
What the Flows Reveal
Recent ETF flows paint a clear picture: institutional conviction in Bitcoin is rebounding, with funds rotating out of Ethereum and finding stable if modest growth in Solana. As macroeconomic jitters persist, investors appear more comfortable parking capital in Bitcoin products, hoping to ride the next wave of crypto adoption.
Key Sources
– [Phemex: Bitcoin Spot ETFs Gain $524M, Ethereum Faces Outflows](https://phemex.com/blogs/bitcoin-etfs-gain-524m-ethereum-faces-outflows)
– [CoinFomania: Bitcoin ETFs Record $524M Inflows as Ethereum Faces $107M Outflow](https://coinfomania.com/bitcoin-etfs-record-524m-inflows-as-ethereum-faces-107m-outflow/)
– [Forklog: Solana ETFs Attract Over $350 Million in 11 Days](https://forklog.com/solana-etfs-attract-over-350-million-in-11-days/)
Investors and analysts alike are watching for how these capital flows will impact crypto prices in the weeks ahead. For now, the momentum unmistakably favors Bitcoin.