Overview
- Solana ETFs from Bitwise and Grayscale drew roughly $15 million on Nov. 4, extending their inflow streak to six sessions, according to Farside Investors.
- Across their first week of trading, BSOL and GSOL accumulated nearly $270 million in net inflows, with Bitwise’s fund leading the activity, SoSoValue data show.
- Bitcoin spot ETFs saw $578 million in outflows on Nov. 4, contributing to five straight days of withdrawals and pushing total redemptions past $1 billion since late October.
- Ethereum products recorded about $219–220 million in outflows on Nov. 4, extending a multi-day losing run that has removed close to $1 billion since late October.
- Flow divergence is being linked to liquidity tightening and yield-seeking behavior, including BSOL’s staking yield near 7%, while altcoin ETFs remain small next to BlackRock’s IBIT, which tops $60 billion in assets.