Crypto ETF Inflow Split: Ether and Solana Products Gain While Bitcoin Outflows Exceed $290M

Summary

On July 1, U.S. spot Bitcoin ETFs saw net outflows of $294.62 million, extending a redemption streak. At the same time, Ether and Solana exchange-traded products posted inflows, signaling rotation within crypto funds rather than a broad exit from the sector. The key takeaway is that institutional money appears to be shifting away from Bitcoin and toward alternative crypto assets. This should be read as a snapshot of current positioning, not a guaranteed market trend or price outcome.