Crypto Spot ETFs Extend Inflow Streak as Ethereum Leads with $164M

Crypto spot exchange-traded funds (ETFs) have continued to attract strong investor interest as fresh capital flows into major crypto assets for the fourth consecutive day. Recent data from SoSoValue shows that Ethereum leads, followed closely by Bitcoin. Solana and XRP are also seeing decent inflows. These inflows show how remarkable the crypto market performance has become in the past week.

Notably, Ethereum spot ETFs reported a total net inflow of $164 million. This progression marks their fourth straight day of positive flows. While consistent inflows into ETFs aren’t entirely new, they suggest growing investor confidence in Ether as a long-term digital asset in the crypto market.

Bitcoin ETFs Maintain Positive Momentum

While Ethereum spot ETFs led the round, Bitcoin spot ETFs also remained in the positive lane. In fact, the previous day, Bitcoin spot ETFs saw a net inflow of roughly $100 million, extending their 4-day inflow streak.

Although Bitcoin’s inflows were relatively lower than Ethereum’s, they still show that investors view the asset as a major store of value. Moreover, the asset has shown remarkable signs of recovery, renewing hope in the broader crypto market.

Even though Ethereum is a major coin, many retail investors and institutions prefer Bitcoin as the first entry point into crypto exposure via regulated products like ETFs, which cements its role as the leading crypto asset globally.

Altcoin ETFs Record Steady Inflows

Apart from the two largest digital assets, other major altcoins are attracting decent inflows. Solana spot ETFs saw total inflows of $8.94 million, which is smaller than that of Ethereum and Bitcoin. However, it shows growing interest in Solana’s fast and low-cost blockchain network.

Already, Solana has become one of the busiest networks in recent times. Several projects are now building on the Solana network, which may also be driving renewed investor confidence.

On the other hand, XRP spot ETFs recorded gains of $17.06 million, outpacing the Solana spot ETF’s performance. This progress suggests that XRP is part of investors’ watchlists. The steady inflow may reflect expectations of broader adoption in cross-border payments and financial services.

Overall, the consistent inflows across multiple crypto spot ETFs point to a positive mood in the crypto market.

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