Bitcoin and Ethereum ETFs Under Pressure, Solana Steady

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Coinpedia 3 weeks ago 203

Bitcoin and Ethereum ETFs

The post Bitcoin and Ethereum ETFs Under Pressure, Solana Steady appeared first on Coinpedia Fintech News

On November 20, Bitcoin spot ETFs recorded a hefty $903 million net outflow, the second-largest ever, mostly driven by BlackRock’s iShares Bitcoin Trust (IBIT) with a $355.5 million withdrawal. Ethereum spot ETFs also experienced significant outflows totaling $262 million, marking their eighth straight day of redemptions. Meanwhile, Solana spot ETFs bucked the trend with $23.66 million in net inflows, reflecting investor interest amid the broader market uncertainty.



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