Crypto exchange-traded funds extended their losing streak on Friday, Jan 30, as Bitcoin, Ether and Solana bled heavily once again. XRP stood out as the lone bright spot with a modest net inflow, deepening the market divide. Persistent risk-off sentiment drove aggressive redemptions, with capital rotating only into perceived safe havens.
Bitcoin ETFs: IBIT Bleeds $528M, Total Net Outflow Hits $509.7M
Bitcoin spot ETFs posted a net outflow of $509.7 million, overwhelmingly driven by Blackrock's IBIT, which alone saw a $528.3 million exit. Modest inflows into Ark & 21Shares' ARKB ($8.34M), Fidelity's FBTC ($7.30M), and Vaneck's HODL ($2.96M) barely softened the blow. Total value traded reached $5.32 billion, while net assets slid further to $106.96 billion, underscoring sustained institutional selling pressure.
Ether ETFs: Net Outflow of $252.9M, Blackrock's ETHA Leads
Ether spot ETFs fared no better, posting a $252.87 million net outflow. Blackrock's ETHA accounted for the bulk of the decline with a $157.16 million exit, followed by a $95.71 million outflow from Fidelity's FETH. Trading activity remained elevated at $1.80 billion, but net assets continued to erode, falling to $15.86 billion. Investor appetite for ETH remains fragile.
XRP ETFs: The Sole Bright Spot With $16.8M Inflow
XRP spot ETFs once again bucked the trend, delivering a $16.79 million net inflow. Demand was spread across multiple issuers, led by $8.19 million into 21Shares' TOXR. Bitwise's XRP added $3.91 million, Canary's XRPC brought in $2.79 million, and Franklin's XRPZ contributed $1.90 million. Total value traded stood at $28.74 million, with net assets holding steady at $1.19 billion. XRP's recent legal clarity continues to attract selective capital.
Solana ETFs: Net Outflow of $11.24M, Net Assets Dip Below $1B
Solana spot ETFs slipped back into outflows, shedding $11.24 million. Bitwise's BSOL saw a $10.12 million exit, while Grayscale's GSOL lost $2.15 million. A modest $1.04 million inflow into Fidelity's FSOL offered limited relief. Trading volume came in at $58.45 million, and net assets fell below the $1 billion threshold to $991.62 million. Solana's earlier momentum has faded quickly.
The Jan 30 session reinforced a clear market divide: Bitcoin and Ether faced aggressive redemptions, Solana lost its footing, and XRP remained the sole pocket of resilience. Capital is flowing selectively, with investors favoring perceived safety over broad exposure as January closes on a volatile note.