- On December 8, Bitcoin ETFs recorded net outflows of $60.48 million.
- Ethereum funds expanded their recent momentum, adding $35.49 million in inflows.
- XRP and Solana ETFs closed the prior trading day higher amid rising demand.
With the Federal Reserve’s interest rate decision scheduled for December 10, the digital token market remains volatile.
Exchange-traded funds for cryptocurrencies — an important gauge of institutional acceptance for these risk assets — reflect the current uncertainty.
Bitcoin ETFs see reduced inflows despite IBIT gains
Investor interest in Bitcoin ETFs stayed negative on December 8, with net outflows of approximately $60.48 million, according to SoSoValue data.
The sizeable withdrawals followed investor reactions to weakness in the broader crypto market over the weekend.
Bitcoin failed to convincingly break above $92,000 and is trading near $90,150.
However, Monday was not uniformly bleak for all BTC ETF issuers.
BlackRock demonstrated resilience and market leadership, as its IBIT product attracted $28.76 million in inflows.
Funds such as Grayscale’s GBT (-$4.03M) and Fidelity’s FBTC (-$3.944M) saw significant redemptions on December 8, but IBIT’s strength suggests that mixed flows into Bitcoin were driven by profit-taking and portfolio rebalancing rather than a broad institutional exit.
Ethereum ETFs turn positive
While Bitcoin fell on December 8, Ethereum ETFs moved into net positive territory with inflows totaling about $35.5 million.
Notably, those funds had posted large outflows in the two prior sessions — December 4 (-$41.5M) and December 5 (-$75.2M).
Ethereum has attracted renewed investor attention following a recent upgrade aimed at improving speed, scalability, and cost-efficiency for layer-2 platforms built on the network.
The inflows also indicate that investors view Ethereum as a legitimate diversification token beyond Bitcoin.
As the second-largest cryptocurrency by market value, ETH is seeing renewed institutional interest. For example, BlackRock has filed with the SEC for approval of a new staked-ETH trust ETF, ETHB, which seeks to include incentives earned from staking the trust’s ETH — a distinction from the popular ETHA trust.
After rising more than 10% over the past seven days, ETH is currently trading around $3,124.
Solana ETFs show steady demand
Spot Solana products ended the previous day with inflows of about $1.2 million.
Although modest, the flows reflect ongoing demand for SOL ETFs. Monday’s inflow extended a three-day streak of positive net subscriptions, highlighting investor interest despite broader market turbulence.
Since their debut in late October, Solana ETFs have gathered roughly $639 million in assets.
Meanwhile, SOL is trading around $133, down about 2% over the past 24 hours.
XRP ETFs attract attention
XRP-related ETFs saw strong activity on December 8, posting net inflows of approximately $38.04 million and outperforming many peers that day.
Grayscale led the day for XRP products, with its GXRP fund attracting over $810,000 in new capital.
Canary, Bitwise, and Franklin’s XRP ETFs also recorded daily gains.
Regulatory clarity and XRP’s cross-border utility have boosted the altcoin’s appeal among institutional investors.
Overall, the ETF flows from December 8 send a clear message: investors are increasingly diversifying beyond Bitcoin into other digital assets.
Altcoin ETFs are gaining prominence for their potential to offer additional portfolio benefits as the cryptocurrency industry continues to move toward mainstream financial adoption.