{"id":50197,"date":"2025-09-30T08:16:31","date_gmt":"2025-09-30T08:16:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50197"},"modified":"2025-09-30T08:16:31","modified_gmt":"2025-09-30T08:16:31","slug":"bitcoin-and-ethereum-funds-shed-1-1-billion-while-solana-investment-products-gain-291-million-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50197","title":{"rendered":"Bitcoin And Ethereum Funds Shed $1.1 Billion While Solana Investment Products Gain $291 Million \u2013 Report"},"content":{"rendered":"
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According to a CoinShares report<\/a> published earlier today, global crypto investment products related to Bitcoin (BTC) and Ethereum (ETH) experienced total outflows of $1.1 billion over the past week. In contrast, Solana (SOL) investment products attracted $291 million in inflows.<\/p>\n

Bitcoin, Ethereum Products Bleed While Solana Shines<\/h2>\n

Crypto investment products experienced a total net outflow of $812 million over the past week, primarily driven by Bitcoin products, which incurred $719 million in weekly outflows. Ethereum followed with its investment products, losing funds worth $409.4 million.<\/p>\n

The report attributes the outflow in BTC and ETH investment products to the lower expectations of interest rate cuts this year, following the stronger-than-anticipated macroeconomic data in the US. Notably, the GDP and durable goods figures were revised to the upside, showing resilience in the economy.<\/p>\n

That said, cumulative month-to-date (MTD) inflows remain strong, hovering around the $4 billion mark. Similarly, the cumulative year-to-date (YTD) inflows stand at $39.6 billion, inching closer to last year\u2019s record $48.6 billion inflows.<\/p>\n

Notably, BlackRock\u2019s iShares spot Bitcoin exchange-traded fund (ETF) lost $68 million in funds. Meanwhile, Grayscale Investments\u2019 GBTC ETF saw $300 million in outflows, while Fidelity\u2019s FBTC witnessed outflows to the tune of $738 million. The report adds:<\/p>\n

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Importantly, there was no commensurate increase in short-bitcoin investment product demand, suggesting that the negative sentiment was likely low-conviction and likely to prove temporary.<\/p>\n<\/blockquote>\n

In terms of countries, the US saw outflows to the tune of $1.03 billion, while Sweden-based crypto investment products lost $13.4 million in funds. On the contrary, Swiss products gained $126 million, while Canadian investment products attracted $58.6 million in inflows.<\/p>\n

Unlike Bitcoin and Ethereum investment products, Solana investment products shone as they attracted inflows worth $291 million. Even more impressive, Solana products have pulled in $1.8 billion worth of funds on a YTD basis.<\/p>\n

Besides the positive momentum in investment products, SOL is also seeing bullish price action as it steadily moves toward its all-time high (ATH) value of $293, recorded earlier this year in January.<\/p>\n

Analysts say that SOL\u2019s recent positive price action can be attributed to the rising likelihood of spot SOL ETFs getting approved in the near term. A recent report remarked<\/a> that SOL-based ETFs could be approved in as little as two weeks.<\/p>\n

Will Macroeconomic Factors Benefit Cryptocurrencies?<\/h2>\n

Latest data<\/a> from FedWatch gives an 68% probability of the US Federal Reserve (Fed) lowering<\/a> interest rates by 50 basis points (bps) during its December 10 meeting. The rate cut is expected to benefit risk-on assets, including cryptocurrencies like BTC, ETH, and SOL.<\/p>\n

\"fedwatch\"<\/p>\n

In addition, future lower-than-expected inflation readings may further encourage<\/a> the Fed to slash interest rates on an even larger scale. At press time, BTC trades at $113,628, up 3.1% in the past 24 hours.<\/p>\n

\"bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

According to a CoinShares report published earlier today, global crypto investment products related to Bitcoin (BTC) and Ethereum (ETH) experienced total outflows of $1.1 billion over the past week. In contrast, Solana (SOL) investment products attracted $291 million in inflows. Bitcoin, Ethereum Products Bleed While Solana Shines Crypto investment products experienced a total net outflow […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50197","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50197"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50197\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}