Which majors led ETF flows?

TLDR

Bitcoin (BTC) led ETF flows this week, with the largest swings and the second?worst single?day net outflow of about $870M per a market report.

1. Ethereum (ETH) ETFs also saw sizable outflows, including ~$260M in a single day per a news update.
2. Altcoin ETFs diverged: Solana (SOL) products logged consecutive net inflows per a sector roundup.
3. Aggregate data suggests BTC dominated net redemptions; ETH followed, while select alt ETPs absorbed demand per a flows summary.

Deep Dive

1. Bitcoin Outflows Dominated

BTC spot ETFs posted the weeks largest moves. Thursday registered roughly $869.86M net outflows, the second?largest on record, aligning with BTC dipping below key price support per a flows recap.

• Several reports cite consistent multi?session net redemptions across early November, concentrated in U.S. vehicles, reinforcing BTC as the main driver of ETF?led risk off per a market brief.
• Over the past five weeks, BTC ETFs have seen multi?billion outflows amid macro uncertainty per a market update.

2. Ethereum Saw Significant Redemptions

ETH ETFs experienced material outflows alongside BTC. One day saw ~$259.7M in net withdrawals, with multi?day redemptions reported across the week per a daily flows report.

• Multiple outlets track weekly ETH ETF net outflows, reinforcing a parallel de?risking dynamic, though smaller in magnitude than BTC per a roundup.
• Aggregate AUM for ETH?linked ETFs fell over the past week (based on market aggregates), consistent with net withdrawals and price drift.

3. Alt ETFs Diverged With Inflows

Select altcoin ETFs, especially SOL, continued to log net inflows even as BTC and ETH bled, highlighting differentiated demand within the ETF complex per a flows and derivatives overview.

• Reports noted multi?session SOL ETF inflows since late October, contrasting with BTC/ETH outflows per a sector snapshot.
• Some daily tapes showed modest BTC inflows or mixed prints midweek, but the heavier outflow days kept the weekly balance negative per a flows recap.

Conclusion

BTC led ETF flows on magnitude and direction, with ETH redemptions trailing and select alt ETFs absorbing demand. If BTC flow prints stabilize into consecutive positive sessions, breadth could improve. Until then, ETF?led redemptions are the dominant driver of institutional risk posture.