Coinspeaker
Nov 6, 2025
9 0

HBAR and SOL ETFs See Inflows, BTC and ETH Face Outflows

Solana ETFs Show Strong Inflows

  • US-based Solana spot ETFs experienced their seventh consecutive day of inflows on November 5, totaling $9.7 million.
  • Bitwise's BSOL contributed $7.46 million, and Grayscale's GSOL added $2.24 million.
  • Total ETF net asset value for Solana is now $531 million, with cumulative inflows reaching $294 million.

Bitcoin and Ethereum ETFs Face Outflows

  • Bitcoin ETFs saw a net outflow of $137 million, marking six straight days of redemptions.
  • Ethereum ETFs recorded a $119 million outflow over the same period.

Other ETF Movements

  • Hedera spot ETF reported a net inflow of $1.92 million.
  • Litecoin ETF did not experience any new inflows.

Institutional Accumulation Despite Price Dips

  • Excluding Grayscale’s GBTC, Bitcoin ETFs showed an inflow equivalent to roughly 5,000 BTC on November 4.
  • This accumulation occurred as Bitcoin's price dropped to $98K, indicating strategic buying by long-term investors.
  • A 7-day average positive flow is necessary to confirm a broader market reversal.

ETF Landscape Insights

  • Bloomberg analyst Eric Balchunas highlighted the excitement in the crypto ETF sector.
  • BlackRock’s iShares Bitcoin Trust (IBIT) emerged as a top revenue-generating ETF within a year of its launch.

Market Caution from Citi

  • Citi reported that October liquidations affected investor confidence, especially among new ETF buyers.
  • Large Bitcoin holders are decreasing, while retail wallets are rising, suggesting profit-taking by long-term investors.
  • For recovery, ETF flows need to stabilize and return to steady inflows.