During the first full trading week of 2026, the U.S. crypto ETF market showed a clear divergence in investor sentiment.
While Bitcoin (BTC) and Ethereum (ETH) spot ETFs experienced significant capital outflows, XRP and Solana (SOL) ETFs continued to attract fresh institutional money.
According to market data, U.S. spot Bitcoin ETFs recorded $681 million in net outflows, while spot Ether ETFs lost $68.6 million over the same period.
In contrast, XRP ETFs saw $38.1 million in inflows and reached their highest weekly trading volume since launch at $219 million.
SOL ETFs also reported net inflows, signaling growing interest in alternative crypto assets.
Bitcoin ETFs Face Heavy Withdrawals
BlackRock’s IBIT led Bitcoin ETF outflows with $252 million withdrawn on January 9 alone, while Fidelity’s FBTC was one of the few funds to post a positive inflow, attracting $7.9 million.
Spot Bitcoin ETFs experienced four consecutive days of outflows from January 6–9, totaling $681 million for the week.
This came despite a strong start on January 5, when inflows reached $697.3 million — the only positive day of the week.
The largest single-day outflow occurred on January 7, with $486.1 million exiting the market.
Currently, the 12 U.S. spot Bitcoin ETFs hold:
$116.9 billion in net assets
Representing 6.48% of Bitcoin’s total market capitalization
With $56.4 billion in cumulative inflows since their launch in January 2024
Ethereum ETFs Also See Net Outflows
Spot Ether ETFs experienced lighter, but still notable, capital withdrawals.
The group recorded $68.6 million in net outflows for the week.
The funds started strong with:
$168.1 million in inflows on January 5
$114.7 million on January 6
However, heavy redemptions totaling $351.4 million over the final three trading days erased those gains.
BlackRock’s ETHA led the Ether ETF outflows with $83.8 million, followed by Grayscale’s ETHE with $10 million.
At present, the 9 U.S. spot Ether ETFs collectively hold:
$18.7 billion in net assets
Equal to 5.04% of Ethereum’s market capitalization
XRP ETFs Continue to Gain Momentum
In contrast to BTC and ETH, XRP ETFs maintained strong inflows.
For the week ending January 9, XRP ETFs attracted $38.1 million and achieved a record trading volume of $219 million.
This figure nearly doubled the previous week’s volume of $117.4 million and exceeded the $213.9 million recorded in the week ending December 19, 2025.
This trend highlights growing institutional interest in XRP, even as broader crypto ETF sentiment weakens.
Current XRP ETF leaders by assets:
Canary Capital’s XRPC – $375.1M
Bitwise XRP ETF – $300.3M
Franklin Templeton’s XRPZ – $279.6M
Grayscale’s GXRP – $271.2M
21Shares TOXR – $246.9M
Since their launch in mid-November 2025, XRP ETFs have accumulated:
$1.22 billion in net inflows
$1.47 billion in total net assets
Representing 1.16% of XRP’s market capitalization
Solana ETFs Also Attract New Capital
Solana ETFs recorded $41.1 million in net inflows during the first trading week of 2026.
Bitwise’s BSOL continues to dominate the SOL ETF market with:
$648.1 million in cumulative inflows
Meanwhile, Fidelity’s FSOL remains smaller, holding around:
$131.4 million in assets
This confirms that Solana remains one of the most attractive alternative assets for ETF investors.
Market Outlook
The sharp contrast between BTC/ETH outflows and XRP/SOL inflows suggests a shift in institutional positioning.
Investors may be rotating capital into assets perceived as having stronger near-term growth narratives or regulatory clarity.
While Bitcoin and Ethereum remain dominant long-term, the ETF data shows that diversification into altcoins is becoming increasingly popular among institutional players.
Disclaimer
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile. Always conduct your own research before making any investment decisions. The author is not responsible for any financial losses.
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