Bitcoin ETFs Seeing Significant Outflows, Solana and Ethereum Witnessing Capital Inflows

Recent fund flow data reveals a significant outflow from Bitcoin-related Exchange Traded Funds (ETFs), totaling $799 million. This contrasts with a surge in capital flowing into Solana ($SOL) and Ethereum ($ETH). While Bitcoin saw outflows, other altcoins like Solana and Ethereum attracted considerable inflows. This shift signals growing investor interest in alternative Layer 1 networks.