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BTC spot ETF flips green: +284 BTC inflow ends losing streak

A single green day for spot Bitcoin ETFs masks a $490M weekly outflow, while Ethereum vehicles logged five straight days of net selling and Solana products held a modest positive streak.

Spot Bitcoin ETFs booked a net inflow of 284 BTC (roughly $22.3M) on May 1, snapping part of a brutal week that still ended with a 7-day net of -6,246 BTC (about -$490M). The one-day print was the first green session in the period, but the weekly total confirms institutional allocators are still net sellers after the late-April pullback.

Why it matters

Ethereum ETFs continue to bleed on both windows: -24,420 ETH (about -$56.4M) on the day and -99,299 ETH (about -$229.2M) over seven days. The 1D outflow is the fifth straight session of net selling, leaving the cumulative weekly figure at the worst stretch since the products launched. Solana ETFs remain a rounding-error-sized positive: +370 SOL on the day, +8,455 SOL on the week — single-digit millions of dollars in net flow, but the only one of the three cohorts holding a green weekly stack.

Market impact

The split reads as relative-strength rotation, not a unified risk-on bid. Bitcoin's single green day is encouraging, but a -$490M weekly tape still has allocators net-negative on the dip. Ethereum's streak is the louder signal — five sessions of consecutive selling typically marks a structural de-rating rather than a tactical trim. Watch whether Bitcoin can extend today's inflow into a second green session, and whether ETH products register their first net-positive day in the same window.

Related tokens
$BTC $ETH $SOL

Frequently asked questions

  1. What were spot Bitcoin ETF flows on May 1?

    Spot Bitcoin ETFs booked a net inflow of 284 BTC (roughly $22.3M) on May 1, ending a multi-day streak of outflows. The 7-day net, however, remained negative at -6,246 BTC (about -$490M).

  2. How much did Ethereum ETFs lose in the past week?

    Ethereum ETFs saw -99,299 ETH (about -$229.2M) in net outflows over seven days, with May 1 alone registering -24,420 ETH (about -$56.4M). It marked five consecutive sessions of net selling.

  3. Are Solana ETFs seeing inflows?

    Solana ETFs held the only positive weekly stack among the three cohorts: +370 SOL on May 1 and +8,455 SOL (~$710K) over seven days. The dollar size remains small relative to BTC and ETH products.

  4. Why does the BTC daily inflow not change the bearish weekly picture?

    A single green day does not offset a -$490M weekly outflow. Net weekly flow is the cleaner signal of institutional positioning, and it still shows allocators net-negative on the dip after the late-April pullback.

  5. What would signal a turning point in crypto ETF flows?

    A second consecutive green session in spot Bitcoin ETFs and the first net-positive day in Ethereum products would be the first signs of a flow regime shift. Until then, the tape reads as relative-strength rotation rather than a broad risk-on bid.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 52d ago
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