Fidelity Leads $233M Bitcoin ETFs Loss as Solana Funds Add $19M
Spot bitcoin and ether ETFs recorded renewed net outflows, led by Fidelity FBTC and Ark ARKB for bitcoin and Blackrock ETHA for ether, while some altcoin ETFs saw modest inflows.
Capital is rotating toward altcoins with real usage, notably XRP's rising settlement activity and Solana's superior throughput, while Bitcoin remains range-bound.