On December 5, U.S. spot Bitcoin ETFs attracted significant investor attention, recording $54.79 million in net inflows. According to data from SoSoValue, the bulk of these inflows came from ARKB, the ETF managed jointly by Ark Invest and 21Shares, which alone brought in $42.79 million. This uptick suggests that investor confidence in Bitcoin remains robust, especially as market participants anticipate favorable regulatory developments and potential price gains.
Ethereum ETFs Face Heavy Outflows
In contrast to Bitcoin’s positive trend, Ethereum ETFs faced a major setback. All nine U.S.-listed spot Ethereum ETFs recorded no inflows at all, while collectively seeing a massive $75.21 million in outflows. This divergence signals possible short-term concerns among investors about Ethereum’s price stability or market position. Some analysts speculate that uncertainty around Ethereum’s scaling roadmap or competition from newer layer-1 chains may be contributing to this hesitation.
Solana ETFs Continue to Attract Capital
Meanwhile, Solana ETFs quietly made progress, with net inflows totaling $15.68 million. This steady growth comes as Solana continues to prove its resilience and technological strength in the broader crypto ecosystem. Investors may be taking a bullish stance on Solana due to its high-speed transactions, growing DeFi and NFT activity, and a strong recovery after past network issues.
Market Sentiment Shows Diverging Trends
The divergence in ETF flows between Bitcoin, Ethereum, and Solana highlights the shifting market sentiment in the crypto space. While Bitcoin remains the dominant choice for institutional exposure, Solana is emerging as a promising alternative. Ethereum’s outflows suggest that investors may be temporarily rotating capital toward assets showing stronger short-term performance or narrative momentum.