ETF Market Sees Mixed Sentiment: Bitcoin Rebounds, Solana ETF Hopes Rise Amid Legal Scrutiny

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ETF Market Sees Mixed Sentiment: Bitcoin Rebounds, Solana ETF Hopes Rise Amid Legal Scrutiny

Trend

This week’s ETF movements indicate a shift in momentum compared to previous weeks. The total flow for the last week was $126.80M, a notable decrease from $217.90M the week before. This decline follows a substantial inflow of $3.02B four weeks ago and $3.57B five weeks ago, reflecting a significant drop in investor enthusiasm. Over the last seven weeks, the ETF market has shown volatility, with alternating weeks of inflows and outflows. The current week may be interpreted as stabilization after an earlier surge, as macroeconomic concerns and recent news events have influenced investor sentiment. The optimism surrounding a potential spot Solana ETF listing in 2025 contrasts with caution regarding Ether's future, leading to mixed feelings in the market. Additionally, Bitcoin's price recovery to the $97K mark signals a rebound, though traders remain wary. This mixed sentiment could lead to continued fluctuations in ETF movements as investors navigate the evolving landscape.

Day with the Highest Inflow

On Monday, the ETF market experienced its highest inflow, totaling $1.11B. This surge was primarily driven by significant movements in Bitcoin and Ethereum ETFs. The FBTC ETF led the charge with inflows of $370.20M, reflecting strong demand for Bitcoin exposure. Following closely were IBIT with $209.10M and ARKB with $152.90M. Other notable contributions included BTC at $75.20M and GBTC at $73.80M. Meanwhile, Ethereum ETFs saw inflows from ETHA at $124.10M and FETH at $4.60M, while the rest recorded no significant movements. These inflows indicate a strong bullish sentiment among investors, particularly towards Bitcoin, as they capitalize on the recent price recovery. The day’s movements suggest that investors are positioning themselves favorably in anticipation of continued market developments, highlighting a proactive approach amidst a backdrop of legal scrutiny and macroeconomic factors.

Solana ETF Prospects

Researcher from VanEck expresses optimism regarding the potential listing of a spot Solana (SOL) ETF in 2025. This development comes amid discussions about the future of Ether (ETH), which may face challenges in the same period. The article titled Ether may ‘struggle’ in 2025, SOL ETF odds rise, and more: Hodler’s Digest, Dec. 29 – Jan. 4 highlights these insights.

As the first trading week on Wall Street concludes, Bitcoin (BTC) is showing signs of a rebound, with ETF inflows reaching a six-week high. The BTC price has reclaimed the $97K mark, although traders remain cautious. This market sentiment is explored in the article Bitcoin ETF inflows rebound to 6-week highs as BTC price reclaims $97K.

In legal news, Terraform Labs co-founder Do Kwon has pleaded not guilty to charges related to his company's operations. This incident is part of the broader narrative surrounding regulatory scrutiny in the cryptocurrency sector, as discussed in the same Hodler’s Digest article.

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