Solana Delivers Again as Bitcoin and Ether ETFs See Heavy Outflows
Bitcoin and Ether exchange-traded funds slipped back into negative territory on Nov. 13, returning a combined nearly $500 million in outflows as investors stepped back from large-cap spot exposure. ETFs remain a core gauge of institutional and retail demand, so sustained withdrawals can signal profit-taking, risk-off positioning, or short-term rebalancing across portfolios rather than a permanent shift in fundamentals.
Meanwhile Solana extended its streak of steady inflows, standing out as traders and allocators reallocate capital into select altcoins. Continued interest in Solana may reflect ongoing developer activity, DeFi and NFT engagement, and yield opportunities, but the divergence also raises questions about liquidity concentration and short-term leadership in crypto markets. Investors should weigh flow dynamics alongside fundamentals and volatility risk when interpreting these moves.