<\/p>\n
Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. <\/p>\n
On Friday, spot Bitcoin (BTC<\/a>) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock\u2019s IBIT drove the turnaround with $108 million, while smaller contributions from BITB, ARKB, and BTCO helped lift sentiment. Even Grayscale\u2019s GBTC, long pressured by outflows, added $61.5 million, according<\/a> to data from Farside Investors. <\/p>\n The recovery came after a bruising $903 million outflow<\/a> on Thursday, \u00a0the biggest outflow day in November and one of the largest single-day outflows since the products were launched in January 2024.<\/p>\n During the day, redemptions hit nearly every issuer, including IBIT with a loss of $355.5 million, FBTC with $190.4 million pulled, and GBTC with $199.4 million in outflows.<\/p>\n Related: <\/strong><\/em>BlackRock Bitcoin ETF sheds $2.47B in November as outflows hit record $3.79B<\/strong><\/em><\/a><\/p>\n After eight consecutive sessions of redemptions, Ether (ETH<\/a>) ETFs broke their losing streak with $55.7 million in inflows on Friday, powered largely by Fidelity\u2019s FETH, which brought in $95.4 million. <\/p>\n The reversal followed a punishing stretch from Nov. 11\u201320, when Ethereum funds shed a combined $1.28 billion, one of the longest and deepest red waves since their launch. <\/p>\n Meanwhile, Solana (SOL<\/a>) ETFs continue to outperform the broader altcoin market. Since launch, the five Solana funds have gathered $510 million in net inflows, led overwhelmingly by Bitwise\u2019s BSOL with $444 million. The group has now logged a 10-day inflow streak.<\/p>\n Related: <\/strong><\/em>ARK Invest wraps up week with Bitcoin ETF, Bullish, Circle, BitMine buys<\/strong><\/em><\/a><\/p>\n Ether slumped sharply this week, dropping 15 percent between Wednesday and Friday and liquidating 460 million dollars in leveraged long positions. <\/p>\n <\/p>\n However, despite the decline and a total drawdown of 47 percent since the August all-time high, derivatives data shows top traders slowly adding long exposure<\/a>. Futures funding rates have risen from four percent to six percent, indicating early signs of stabilization even though bullish demand remains weak.<\/p>\nEther funds snap 8-day outflow streak<\/h2>\n
Ether traders tentatively add longs <\/h2>\n