📉 Bitcoin and Ether ETFs Struggle While XRP and Solana Show Resilience

🔻 The week leading up to the year-end saw Bitcoin and Ether exchange-traded funds (ETFs) facing significant outflows, while XRP and Solana funds maintained their positive momentum. From December 22 to December 26, thin liquidity and cautious investor positioning characterized the market.

💸 Bitcoin spot ETFs experienced a sharp net outflow of $782 million, with all 12 funds reporting losses. Blackrock’s IBIT was a major contributor to this decline, suffering consecutive daily exits that resulted in one of its weakest weekly performances of the quarter. Fidelity’s FBTC also faced pressure, recording daily outflows that significantly added to the weekly total. Other funds like Grayscale’s GBTC and Bitwise’s BITB saw persistent redemptions, highlighting a trend of traditional products losing ground during risk-off periods.

📉 Ether spot ETFs fared slightly better but still ended the week in the red with a net outflow of $102.34 million. Blackrock’s ETHA bore much of the downside, while Grayscale’s ETHE fluctuated throughout the week but ultimately contributed to the net outflow. However, its Ether Mini Trust saw a substantial inflow. Smaller products like Bitwise’s ETHW and Franklin’s EZET also experienced light but consistent redemptions, indicating a subdued institutional appetite for ETH exposure as the year comes to a close.

💪 In contrast, XRP ETFs continued their strong post-launch performance, recording a weekly net inflow of $64 million. Franklin’s XRPZ led the group by absorbing the majority of new capital, while other funds like Bitwise’s XRP and Grayscale’s GXRP also added incremental inflows. This reinforces XRP’s position as one of the strongest ETF narratives as 2025 approaches.

🌟 Solana ETFs ended the week on a positive note with a collective net inflow of $13.14 million. Fidelity’s FSOL and Bitwise’s BSOL were the primary drivers, while Grayscale’s GSOL and Vaneck’s VSOL made smaller but steady contributions. These uniform inflows reflect sustained confidence in SOL exposure despite broader market caution.

📊 Overall, the week highlighted a clear divide in investor behavior. While Bitcoin and Ether ETFs faced year-end de-risking, XRP and Solana continued to benefit from structural demand and momentum from newer products.