Bitcoin ETFs Shed $167M as Ether and Solana Funds Return to Net Inflows

US-listed spot Bitcoin exchange-traded funds recorded $166.8 million in combined net outflows across Tuesday and Wednesday, ending a three-week inflow streak that had drawn $3.8 billion into the category — its strongest stretch of 2026. Wednesday alone saw $120.2 million in withdrawals, with ARK 21Shares' ARKB leading the exits at $78 million, followed by Grayscale's GBTC at $27.2 million and BlackRock's IBIT at $19.5 million. Morgan Stanley's newly launched MSBT was the sole fund to attract inflows, adding $4.5 million. The two-day pullback erased roughly 4.4% of the gains from the prior three-week run, though cumulative net inflows since launch remain near $55 billion.

While Bitcoin funds bled, US spot Ether ETFs reversed course with $34.7 million in net inflows on Wednesday, recovering from $24.3 million in Tuesday redemptions. BlackRock dominated the session, with ETHB pulling in $22.9 million and ETHA adding $9.7 million; 21Shares' TETH contributed another $2.1 million. Spot Solana ETFs also returned to positive territory, attracting $11.2 million on Wednesday — all of which flowed into Bitwise's BSOL — following a roughly $700,000 outflow the previous day.

The divergence came as broader crypto markets pulled back. Bitcoin traded near $78,000 on Thursday, down from about $79,700 when the three-week inflow figures were first reported, while Ether hovered around $2,470 and Solana held near $101, according to CoinGecko. Hyperliquid ETFs posted a second consecutive session of outflows, shedding $5.3 million on Wednesday after losing $13 million on Tuesday, bringing the week's total deficit to $18.3 million. The mixed flows underscore how investor appetite is rotating across digital assets rather than exiting the crypto ETF complex entirely.