Bitcoin and Solana Spot ETFs Record Outflows as Ethereum Draws Fresh Capital

US spot crypto ETFs delivered a split result on October 5. Bitcoin and Solana products recorded net outflows for the day, while Ethereum funds attracted fresh capital and XRP products finished flat.

Daily Flows Diverge

The one-day reversal stood out because it ran against the broader weekly trend. Bitcoin had recently been the strongest destination for ETF capital, while Ethereum had lagged. Solana’s daily outflow was also notable because its products maintained a positive weekly tally.

The available data did not specify the exact dollar amount of the October 5 outflows from Bitcoin or Solana funds. It did, however, show that both categories ended the session with more money leaving than entering, while Ethereum ETFs posted a net inflow.

The daily snapshot was distributed as follows:

• Bitcoin spot ETFs: Net outflows on October 5.
• Solana spot ETFs: Net outflows on October 5.
• Ethereum spot ETFs: Net inflows on October 5.
• XRP spot ETFs: No net flow.

Bitcoin Leads the Weekly Picture

Weekly figures from SoSoValue, reported on October 5, continued to favor Bitcoin. US spot Bitcoin ETFs attracted $241.09 million in net inflows for the week ending in early October, marking their third consecutive positive week.

Since launching in 2024, Bitcoin spot ETFs have accumulated approximately $57.8 billion in cumulative net inflows. The consistency of three straight positive weeks suggests sustained demand rather than a single-session surge.

Ethereum’s weekly performance was considerably weaker. Spot Ethereum ETFs recorded $138.02 million in net outflows during the same period, reversing the previous week’s $690 million of inflows. Ethereum’s inflows for the year consequently fell to approximately $1.5 billion.

By comparison, the weekly figures for other products remained positive:

• Solana spot ETFs: Approximately $2.43 million in weekly net inflows.
• XRP spot ETFs: Approximately $4.74 million in weekly net inflows.
• Zcash products: Approximately $94 million in outflows, representing a first outflow for the products.

What This Means

The data points to continued investor preference for Bitcoin over Ethereum in the broader weekly market, even as individual trading days produce sharp reversals. Ethereum’s October 5 inflow shows that demand has not disappeared, and the prior $690 million weekly inflow demonstrates how quickly sentiment can change.

For Solana, the key takeaway is that one negative day has not yet broken its positive weekly streak. Still, continued rotation toward Bitcoin and other established assets could increase volatility across altcoin markets. Investors will likely watch whether Solana and Ethereum can sustain inflows in subsequent sessions or whether Bitcoin’s dominance continues to widen.