Solana ETFs maintain a 12-week inflow streak while Bitcoin funds struggle with volatility, recording their lowest net weekly inflows since inception despite a late-week recovery.
Bitcoin spot ETFs posted only $6.2 million in net weekly inflows, the smallest in 141 weeks, with $1.499 billion gross flows reversing twice.
Solana spot ETFs logged a twelfth consecutive week of inflows and SOL gained 11.29% despite a Fed rate hike and the Senate rejecting the CLARITY Act.
Fidelity Wise Origin Bitcoin Fund saw the largest single-day inflow of $310.7 million, helping rescue Bitcoin ETFs from a red week.
iShares Bitcoin Trust added $108 million on Friday, contributing to the late-week reversal in Bitcoin ETF flows.
Bitwise Solana Staking ETF was the only Solana fund with disclosed inflows, attracting $48 million in a single Friday session and closing 12.12% higher.
Solana spot ETFs extended their inflow streak to 12 weeks, attracting $13.2 million despite macroeconomic headwinds including a Federal Reserve rate hike and the Senate's rejection of the CLARITY Act. Conversely, Bitcoin spot ETFs saw their smallest weekly net inflow in 141 weeks at $6.2 million, as massive gross volume of $1.499 billion highlighted significant volatility and shifting investor sentiment in the crypto market.
Solana ETFs benefited from consistent, smaller inflows and the appeal of staking yields, which provide returns regardless of price movement. Bitcoin ETFs, which do not offer staking, experienced high volatility and sentiment-driven trading that resulted in net inflows of only $6.2 million.
While the Fed's 25 basis point rate hike triggered significant outflows in Bitcoin funds on September 15 and 16, Solana ETFs remained resilient, recording inflows throughout the period.