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Bitcoin exchange-traded funds recorded $64.8 million in net outflows, Pluang reported, as investors pulled capital from $BTC-linked products and redirected it toward ETF vehicles tied to Ether ($ETH), Solana ($SOL), and XRP ($XRP).
The shift signals a reallocation within the digital-asset fund wrapper rather than an exit from the crypto ETF market altogether.
What the Flow Data Shows Net outflows from a fund mean more shares are being redeemed than created — authorized participants returning baskets to the issuer and receiving the underlying asset or cash in exchange.
At $64.8 million, the Bitcoin ETF redemptions represent capital moving out of one exposure and, per Pluang's reporting, landing in altcoin equivalents.
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