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Bitcoin ETFs scrape a tiny gain while Ethereum and Solana bleed

16.10.2026 · Cryptonews

Bitcoin ETFs scrape a tiny gain while Ethereum and Solana bleed

Bitcoin funds managed just a $5 million net inflow on the day, driven almost entirely by BlackRock’s IBIT. Grayscale’s mini trust and Invesco’s product both saw redemptions that largely cancelled the positive number.


Ethereum products fared worse, posting a $60 million outflow. BlackRock’s ETHA alone accounted for most of it, with Grayscale’s ETHE adding further pressure despite a small positive from Fidelity.


Across the last four sessions Ethereum ETFs have now lost roughly $250 million—nearly double the net drain from Bitcoin funds. Solana and the $HYPE group extended their losing streaks with another $10 million each heading for the exits.


The pattern suggests institutions remain willing to dip-buy Bitcoin dips but are steadily reducing exposure to the rest of the market.


Based on information from cryptonews.net

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