On Monday, U.S. spot Bitcoin ETFs saw a net outflow of $60.48 million, while XRP and Solana altcoin ETFs attracted more inflows.

On Monday, US spot Bitcoin ETFs recorded a net outflow of $60.48 million, indicating a cautious market sentiment ahead of key macroeconomic events in December. Although BlackRock’s IBIT attracted a single-day net inflow of $28.76 million, it was not enough to offset the overall outflows. Grayscale’s GBTC led the pack with a net outflow of $44.03 million, while Fidelity’s FBTC also saw an outflow of $39.44 million, further exacerbating the weak performance of Bitcoin ETFs.

In contrast, Ethereum and altcoin ETFs showed more promising capital flows. Spot Ethereum ETFs saw a single-day net inflow of $35.50 million, with BlackRock’s ETHA accounting for $23.70 million, indicating that institutions are accelerating their allocation to ETH assets.

Altcoin ETFs demonstrated even stronger capital attraction. Since launch, XRP spot ETFs have accumulated inflows totaling $935 million, making them one of the hottest crypto ETF categories recently. On Monday, the four XRP ETFs recorded a combined net inflow of $38.04 million, setting a new single-day inflow record since their debut. For Solana (SOL), Fidelity’s FSOL saw a single-day net inflow of $1.18 million, bringing total SOL inflows to $640 million, with institutional interest remaining strong since its late October listing.

In terms of market price performance, XRP has pulled back after hitting a local high of $2.20 in early December and is currently trading around $2.06, with short-term momentum appearing weak. Solana, on the other hand, has risen nearly 5% over the past week, maintaining a price above $133, reflecting continued market confidence in its ecosystem growth.

Looking ahead to 2025, the crypto ETF market is likely to continue expanding. Bitwise executive Katherine Dowling noted that crypto ETFs have become the main gateway for traditional investors to enter digital assets, and altcoins like Solana and XRP, with their solid fundamentals, are expected to remain attractive to capital. Analysts also pointed out that the current capital rotation is a healthy strategic rebalancing, and the structural narrative of Bitcoin as a regulated store-of-value asset remains strong, with future ETF inflows expected to become more stable and long-term.

Overall, while Bitcoin ETFs are facing temporary pressure, market capital is spreading to Ethereum and high-growth altcoin sectors, indicating that institutional investors are reallocating their risk exposures.