TLDR
- Solana ETFs recorded the highest daily inflows on November 4, surpassing Bitcoin and Ethereum funds.
- Bitwise’s BSOL led with $13.2 million in inflows, while Grayscale’s GSOL added $1.7 million.
- Bitcoin ETFs faced $566.4 million in outflows, and Ethereum ETFs saw $219.4 million in withdrawals.
- BlackRock’s IBIT and ETHA posted the largest outflows among traditional market products.
- Despite market losses, Solana ETFs attracted strong institutional and retail demand.
Solana ETFs recorded the highest daily inflows among digital asset funds on November 4, surpassing Bitcoin and Ethereum products. Data from Farside on November 5 showed Solana ETFs gained $14.9 million in total inflows for the day.
Bitwise’s BSOL contributed the majority with $13.2 million, while Grayscale’s GSOL added $1.7 million. By contrast, Bitcoin ETFs recorded $566.4 million in outflows and Ethereum ETFs lost $219.4 million.
BlackRock’s IBIT saw $356.6 million in withdrawals, while ETHA posted $111.1 million in outflows. Analysts confirmed that Solana ETFs outperformed on a day when most cryptocurrencies traded lower.
Bitcoin and Ethereum ETFs Face Outflows
Bitcoin ETFs experienced large withdrawals despite stable trading volumes in traditional exchanges. Ethereum funds followed the same pattern, showing strong investor repositioning across digital assets.
According to Farside data, combined Bitcoin and Ethereum ETF outflows exceeded $785 million. This reversed the inflows observed during earlier sessions in October.
“Investors appeared to rotate capital into Solana ETFs during a broad market correction,” the report stated. The trend underscored changing sentiment among institutional participants seeking exposure to Solana-linked instruments.
Solana Price Holds Above Support Zone
Solana’s token traded at $162 on November 5 after bouncing from a weekly low of $146. It recovered above its key support at $155, which previously acted as resistance since January 2025.On November 3, Solana closed with 11.5% losses, while on November 4 it dropped 6.6% by close. Despite these moves, Solana ETFs continued attracting fresh inflows from traditional investors.
The “onchain Nasdaq,” as some describe the Solana network, showed renewed buying pressure from retail and institutional participants. Analysts expect continued ETF demand to maintain interest in the asset following the recent downturn.
As of November 5, Solana ETFs have accumulated $284 million in total assets since launch. This remains below Bitcoin’s $60.4 billion and Ethereum’s $14 billion ETF totals but marks steady early growth.
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