Bitcoin and Ethereum ETFs Post Net Outflows as This Altcoin Extends Inflow Streak

Solana exchange-traded funds (ETFs) have shown resilience by logging consistent inflows since February 10, accumulating $30.33 million, which contrasts sharply with the performance of Bitcoin and Ethereum ETFs this month. Bitcoin ETFs posted net outflows of $939.94 million, and Ethereum ETFs saw outflows of $490.58 million, reflecting inconsistent institutional demand. While Solana's inflows are smaller in absolute terms compared to Bitcoin products, the consistent streak suggests relative resilience in demand for this altcoin product during broader market uncertainty. Despite the positive ETF flows, Solana's price has been under pressure, declining 32.8% over the past month, though it saw a modest recovery to $82.15 at press time. Technical analysts remain cautious, suggesting potential downside targets for SOL if key support levels fail.

(Source：BeInCrypto)