Bitcoin, Ethereum, and Solana Spot ETFs Experience Massive Inflows

Spot-based exchange traded funds (ETFs) for major cryptocurrencies saw a significant influx of capital on November 6th. Bitcoin spot ETFs attracted $239.9 million in inflows, leading the pack. While Ethereum’s inflows were less substantial at $12.5 million, they still represent renewed investor confidence in the long-term utility of the platform. An even more notable surprise came from Solana spot ETFs which saw a staggering $29.2 million in net inflows. This unexpected surge highlights the growing interest in Solana as a scalable blockchain platform.