How much did spot Bitcoin ETFs lose on May 8?

Spot Bitcoin ETFs saw a one-day net outflow of 2,022 BTC, worth roughly $161.53 million, according to the May 8 update.

Are spot BTC and ETH ETFs still net positive for the week?

Yes. The seven-day net flow sits at +18,496 BTC ($1.48B) for Bitcoin ETFs and +73,153 ETH ($166.86M) for Ethereum ETFs, despite the May 8 drawdowns.

How did Solana spot ETFs perform on May 8?

Solana spot ETFs posted a one-day inflow of 76,912 SOL ($6.85M) and a seven-day total of 368,912 SOL ($32.83M), marking a third consecutive green week.

Why are BTC and ETH ETFs red for one day but green for the week?

Sharp single-day outflows inside otherwise net-positive weekly windows typically reflect routine rebalancing by large holders rather than a coordinated exit from the products.

Does Solana ETF strength signal rotation away from BTC and ETH?

The asymmetry — Solana inflows holding while BTC and ETH see one-day trims — is consistent with flow rotation into the higher-beta spot product rather than a broad risk-off move across spot ETFs.

〽️NEUTRAL 48d ago

Lookonchain

Bitcoin, ETH ETFs Shed $240M as Solana Logs Third Green Week

The 1-day drawdown in BTC and ETH ETFs is small relative to the seven-day tape, which still prints green across all three asset classes — Solana now $32.83M over the week.

Zipp Editorial Aggregated from Lookonchain

Bitcoin, ETH ETFs Shed $240M as Solana Logs Third Green Week

Spot Bitcoin ETFs shed 2,022 BTC ($161.53M) on May 8, snapping a run of positive daily prints, though the seven-day window still shows a net inflow of 18,496 BTC ($1.48B). Spot Ethereum ETFs bled 34,349 ETH ($78.35M) on the day, against a seven-day tally of +73,153 ETH ($166.86M).

Why it matters

Single-day outflows in spot BTC and ETH ETFs are noise against a week that remains net positive across all three asset classes tracked here. The cadence — sharp red days inside otherwise green weekly windows — has been the dominant pattern of the past month, and points to routine rebalancing rather than a coordinated exit.

Market impact

Solana ETFs continue to print clean: +76,912 SOL ($6.85M) on May 8 extends a seven-day run to +368,912 SOL ($32.83M), the third consecutive green week. The asymmetry — Solana inflows holding while BTC and ETH see one-day trims — is consistent with a flow rotation into the higher-beta spot product rather than a broader risk-off move.

#bitcoin #ethereum #solana #etf

Frequently asked questions

How much did spot Bitcoin ETFs lose on May 8?

Spot Bitcoin ETFs saw a one-day net outflow of 2,022 BTC, worth roughly $161.53 million, according to the May 8 update.
Are spot BTC and ETH ETFs still net positive for the week?

Yes. The seven-day net flow sits at +18,496 BTC ($1.48B) for Bitcoin ETFs and +73,153 ETH ($166.86M) for Ethereum ETFs, despite the May 8 drawdowns.
How did Solana spot ETFs perform on May 8?

Solana spot ETFs posted a one-day inflow of 76,912 SOL ($6.85M) and a seven-day total of 368,912 SOL ($32.83M), marking a third consecutive green week.
Why are BTC and ETH ETFs red for one day but green for the week?

Sharp single-day outflows inside otherwise net-positive weekly windows typically reflect routine rebalancing by large holders rather than a coordinated exit from the products.
Does Solana ETF strength signal rotation away from BTC and ETH?

The asymmetry — Solana inflows holding while BTC and ETH see one-day trims — is consistent with flow rotation into the higher-beta spot product rather than a broad risk-off move across spot ETFs.

Source attribution

Aggregated from Lookonchain · Verified · Last refreshed 48d ago

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