🚀 Crypto ETF Showdown: Bitcoin & Solana Rocket While Ethereum Flatlines in November 2025

Wall Street's latest crypto love affair leaves Ethereum in the dust as Bitcoin and Solana ETFs soak up institutional capital.

The big picture: Traders pile into proven stores of value (BTC) and high-octane altcoins (SOL) while ETH struggles to shake its 'flippening' ghost.

Between the lines: Zero inflows for Ethereum products suggest investors may be rotating into newer blockchain narratives—or just chasing the hotter returns elsewhere. (After all, why bet on network upgrades when meme coins print?)

Bottom line: The crypto ETF arms race reveals brutal market Darwinism—even blue-chip protocols get left behind when the yield-hungry wolves come hunting.

Bitcoin ETF: Bitwise Leads as Only Buyer on the Day

U.S. Bitcoin spot ETFs recorded a total net-inflow of $1.1529 million, but notably, Bitwise BITB was the only ETF posting positive-inflows that day. All the other 11 Bitcoin-ETFs remained flat, with no outflows recorded along with inflows. 

This compares with recent weekly trends, where Bitcoin-ETFs have seen net-outflows of $1.22 billion-the third-highest on record, showing just how selective institutional demand has now becom. Against wider market selling, Bitwise BITB alone bucked the trend, showing focused confidence in Bitcoin.

Talking about top holders, that status is still with IBIT (BlackRock) with $84.39 billion in total net-assets, representing 3.97% of BTC’s market cap.

Ethereum ETFs Remain Stagnant 

Ethereum ETF posted zero inflow on November 10, signaling waning institutional interest. Total net assets stand at $23.43 billion, roughly 5.42% of ETH’s market cap. 

• ETH itself was down 105% to $3,551, underperforming the broader market. Among the most significant probable reasons for this slide are:

• ETF-Stagnation: Institutional appetite remains muted as ETH-ETF holdings are down $2.19 billion since October 2025.

• Derivatives Liquidations: More than $210 million of ETH longs were unwound and added downward pressure.

• Technical Breakdown: ETH has broken below the key supports of $3,823 and $3,825, which have triggered further algorithmic selling.

Now hopes are on the upcoming Fusaka upgrades which is scheduled for December 2025, and the whales driving momentum, to rebound the assets value. 

Solana ETFs Continue Strong Momentum

Solana ETF maintained a strong streak, with net inflow of $6.78M in November and cumulative inflows of $342.48M. Total net assets  reached $598.36M

Leading Solana-ETFs again include Bitwise BSOL with $5.92M inflows and Grayscale GSOL adding $854,480. The daily trading volume reached $39.63M, reflecting how SOL is emerging as a wider option other than BTC and ETH.

A Brief Summary

Crypto ETFs flows were mixed on November 10: Bitcoin-ETFs continued to see inflows, Ethereum ETFs struggled to reclaim lost ground, and Solana-ETF emerged as a bright spot. Moving forward, regulatory clarity and network upgrades could become drivers of future flows for the likes of Ethereum.