According to ETF flow data for Nov. 26:
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BTC spot ETF inflows: $21.12 million
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ETH spot ETF inflows: $60.82 million
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XRP spot ETF inflows: $21.81 million
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SOL spot ETF outflows: –$8.10 million
The day’s activity marks a notable moment for Solana, whose ETF products had enjoyed an uninterrupted streak of inflows since launch, fueled by explosive demand, rising staking yields, and institutional appetite for higher-beta altcoins. The first negative flow indicates a potential short-term cooling in investor enthusiasm or profit-taking after SOL’s extended rally.
Ethereum Leads With Over $60M in Inflows
Among the major assets, Ethereum outperformed, attracting more than $60.82 million in net inflows the highest of the day. Analysts attribute ETH’s strong demand to improving staking yields, rising institutional confidence, and growing expectations of broader adoption of Ethereum-based tokenization, staking products, and layer-2 scaling solutions.
Bitcoin ETFs Maintain Steady Growth With $21.12M in Inflows
Bitcoin, the leading digital asset by market cap, brought in $21.12 million, maintaining its consistent inflow momentum throughout November. The steady demand reinforces Bitcoin’s position as the preferred “safe-haven” digital asset for institutions seeking long-term exposure without the volatility associated with altcoins.
Market analysts note that inflows into BTC ETFs have remained positive despite declining volatility and broader risk-off sentiment in global markets. This suggests that institutional investors remain focused on accumulation, macro hedging, and multi-year growth horizons.
XRP ETFs Attract $21.81M as Institutional Demand Strengthens
XRP also registered strong inflows of $21.81 million, continuing its November trend of increased institutional adoption. With ongoing legal clarity in the U.S. and growing global demand for settlement-layer assets, XRP ETFs have steadily gained traction among diversified portfolio managers.
Solana Records First Outflows Since ETF Launch: –$8.10M
In a surprising reversal, Solana spot ETFs saw net outflows of –$8.10 million, ending what had been a flawless record of daily inflows since launch. Solana ETFs had previously attracted hundreds of millions in net inflows, becoming one of November’s standout investment products.
Analysts say the outflow may reflect short-term profit-taking after SOL’s strong multi-week rally, as well as rotation into ETH and BTC following favorable market commentary and ETF-driven momentum.
Despite this, experts emphasize that a single outflow day does not indicate weakness in broader institutional appetite. Solana remains one of the highest-performing assets of the year, supported by high network activity, strong staking incentives, and rapid ecosystem expansion.
Market Outlook: Rotation, Not Reversal
The mixed ETF flows suggest sector rotation rather than a market downturn, especially as three of the four major assets posted healthy inflows. Investors appear to be rebalancing between high-growth altcoins and more established assets like ETH and BTC as year-end volatility approaches.
With ETF markets expanding rapidly, analysts expect inflow volatility to increase particularly as institutions experiment with diversified digital asset allocations.
FAQs
1. Why did Solana ETFs see outflows for the first time?
The –$8.10M outflow likely reflects short-term profit-taking and rotation into BTC and ETH after strong multi-week inflows. It does not indicate weakening long-term demand.
2. Which ETF saw the highest inflows on Nov. 26?
Ethereum led the day with $60.82 million in inflows the strongest among all major spot ETFs.
3. Why are Bitcoin ETF inflows still strong?
Bitcoin remains the most institutionally trusted crypto asset, seen as a long-term store of value and macro hedge, driving consistent inflow momentum.
4. How did XRP ETFs perform?
XRP registered $21.81 million in inflows, reflecting rising institutional confidence and increased demand for settlement-layer assets.
5. Do ETF flows indicate market direction?
ETF flows often reflect institutional sentiment sustained inflows typically indicate accumulation, while outflows may signal short-term rotations or macro-driven repositioning.