- BTC ETFs recorded $60.48 million in outflows on December 8.
- Ethereum funds continued recent momentum with $35.49 million in inflows.
- XRP and Solana ETFs closed higher yesterday as demand strengthened.
The digital-asset market remained volatile ahead of the Federal Reserve’s interest-rate decision on December 10.
Crypto exchange-traded funds have become a key gauge of institutional appetite for these risk assets and reflect the current uncertainty.
Bitcoin ETFs see outflows despite IBIT gains
On December 8, Bitcoin ETFs experienced net outflows totaling $60.48 million (SoSoValue data).
These sizable withdrawals came as investors reacted to a soft weekend for crypto markets.
Bitcoin again failed to break through $92,000 and was trading near $90,150.
However, Monday was not uniformly negative for all BTC ETF issuers.
BlackRock demonstrated resilience and market leadership as its IBIT product attracted $28.76 million in inflows.
While funds such as Grayscale’s GBT (-$44.03M) and Fidelity’s FBTC (-$39.44M) saw heavy withdrawals on December 8, IBIT’s stability suggests the outflows were driven more by profit-taking than a shift in long-term interest, producing mixed flows across Bitcoin products.
Ethereum ETFs turn positive
As Bitcoin funds declined on December 8, Ethereum ETFs flipped to positive territory with $35.5 million in inflows.
Notably, the Ethereum funds had recorded sizable exits in the two prior trading days (December 4: -$41.5M; December 5: -$75.2M).
Ethereum has returned to investor focus after its Fusaka upgrade, which aims to improve throughput, scalability and lower costs for second-layer platforms built on the Ethereum base layer.
These inflows indicate investors increasingly view Ethereum as a legitimate portfolio diversifier beyond Bitcoin.
In fact, the world’s second-largest cryptocurrency is drawing renewed institutional attention.
For example, BlackRock is seeking SEC approval for a new staked ether trust ETF, ETHB, which would differ from its popular ETHA trust by including staking-derived incentives alongside ETH performance.
After rising more than 10% over the past seven days, Ethereum was trading around $3,124.
Solana ETF demand remains steady
Solana spot products saw $1.2 million in inflows at the close the previous day.
Although modest, the figure signals continued interest in SOL ETFs.
Inflows extended for a third consecutive day, suggesting investor appetite persists despite broader market volatility.
Since launching at the end of October, Solana ETFs have attracted about $639 million.
Meanwhile, SOL traded near $133, down about 2% over the past 24 hours.
XRP ETFs take the spotlight
XRP-based ETFs stood out on December 8, recording net inflows of $38.04 million and outperforming peers that day.
Grayscale led the inflows, with its GXRP product gaining more than $8.1 million on Monday.
Other issuers — Canary, Bitwise and Franklin — also posted notable daily gains for their XRP ETF offerings.
Regulatory clarity and XRP’s utility in cross-border payments have boosted the asset’s appeal to institutional investors.
Overall, the ETF flows on December 8 sent a clear message: investors are diversifying beyond Bitcoin into other crypto assets.
Altcoin ETFs are gaining attention for their differentiated benefits as the crypto industry continues to enter mainstream finance.