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Reading: Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring
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The cryptonews hub > Blog > Crypto News > Ethereum > Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring
Ethereum

Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring

Crypto Team
Last updated: November 8, 2025 3:22 am
Crypto Team
Published: November 8, 2025
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wp header logo 652 Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring

US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million.

Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled to maintain momentum.

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Although this is smaller compared to the $1.5 billion Bitcoin ETFs recorded in their first week and the $1.17 billion seen by Ethereum ETFs, it is still a remarkable figure for a newcomer that entered the market during a period of volatility and cautious sentiment.

Data from SoSoValue reveals that Spot Bitcoin ETFs recorded a six-day run of outflows between October 29 and November 4, totaling around $2 billion in withdrawals. The single largest daily outflow occurred on November 4, when $577.74 million exited the funds. Spot Ethereum ETFs also faced a similar pattern, losing approximately $837.66 million over the same period.

source

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