Ether ETFs extend outflows to nine days as Solana funds end 14-week inflow streak

U.S. spot ether ETFs recorded $542.1 million in net outflows last week, the largest weekly loss since January, according to an analysis of SoSoValue data. Ether ETFs have posted outflows for nine consecutive trading days since Sept. 29, losing $697.2 million during that period. Spot Solana ETFs lost $24.8 million last week, ending a record 14-week inflow streak. Ether, Solana and bitcoin ETFs together lost about $1.25 billion last week.

SoSoValue data showed that BlackRock's ETHA, the largest ether fund by assets under management, lost $477.0 million last week, about 88% of category outflows. ETHA recorded its largest weekly outflow since mid-December 2025 and its third-largest since launching in July 2024. Grayscale's ETHE recorded the second-largest weekly outflow among ether funds, losing $31.9 million. Tuesday brought $201.9 million in ether ETF redemptions, all from ETHA, the fund's largest single-day outflow since Jan. 21 of this year. ETHA's 1-for-3 reverse share split took effect on Tuesday. ETHA posted outflows in all five sessions and holds $8.64 billion in net assets, about $4.15 billion below its $12.79 billion in cumulative net inflows.

Ether ETFs recorded their largest weekly outflow since the week ending Jan. 23, when the funds lost $611.2 million. Ether ETFs posted a second consecutive negative week after losing $138.0 million the week before. SoSoValue data showed that Fidelity's FETH accounted for $74.1 million of the previous week's outflows. Ether ETFs last recorded daily inflows on Sept. 28, taking in $17.1 million. Ether ETF outflows began one day before bitcoin ETFs ended a nine-day, $3.1 billion inflow streak. ETHA accounted for $506.1 million of the ether funds' nine-day outflows. The nine-day run ties a June 17-30 streak as the third-longest in ether ETF history. The record outflow streak lasted 17 days, from May 11 to June 3 of this year, and removed about $900.1 million from the funds.

Spot ether ETF net assets fell 10% last week to $15.71 billion. Ether ETFs have received $13.26 billion in cumulative net inflows since launch. Ether ETFs remained positive for 2026, with $931.8 million in year-to-date net inflows, down from $1.47 billion a week earlier. Ether ETF trading volume rose to $5.18 billion from $3.57 billion the previous week.

SoSoValue data showed that Solana ETFs posted outflows in all five sessions last week, their longest daily outflow streak, exceeding the previous three-day record. SoSoValue data showed that Bitwise's BSOL, the largest Solana fund with $1.20 billion in net assets, lost $20.9 million, about 84% of category outflows. BSOL recorded its largest weekly outflow, exceeding the $17.0 million loss in the week ending July 31. Solana ETFs lost $9.2 million on Monday, the week's largest daily outflow. Morgan Stanley's MSOL and Invesco's QSOL were the only Solana funds with weekly inflows, receiving a combined $2.0 million.

Solana ETFs recorded their largest weekly outflow since launching in late October 2025, roughly three times the previous record of $8.9 million in the week ending Feb. 6. Solana ETFs had not recorded a negative week since the week ending June 26, when the funds lost $1.8 million. The 14-week inflow streak exceeded a 13-week run that began at launch and ended in late January. The reversal came two weeks after Solana ETFs received record weekly inflows of $188.2 million. Solana ETF net assets fell to $1.73 billion from $1.90 billion a week earlier, below the record $1.96 billion held on Sept. 25. Solana ETFs have received $1.58 billion in cumulative net inflows, including $816.8 million so far in 2026.

SoSoValue data showed that spot bitcoin ETFs lost $681.1 million last week, ending three consecutive weeks of inflows. Bitcoin ETFs recorded their worst week since the week ending June 26, when the funds lost $1.79 billion. Bitcoin ETFs lost $487.1 million on Wednesday, accounting for most weekly outflows. Bitcoin ETFs returned to inflows on Friday, receiving $21.1 million. Bitcoin ETF net inflows for 2026 fell to $494.1 million from $1.18 billion a week earlier, after turning positive in late September. Bitcoin ETFs hold $105.84 billion in net assets and have received $57.11 billion in cumulative net inflows since launch.

Ether traded near $2,506 on Saturday morning, SOL traded around $110.50 and bitcoin traded near $82,900.