Investors pulled significant capital from Bitcoin exchange-traded products this week, resulting in the biggest weekly net redemptions for IBIT in over three months. This rotation signals growing caution around Bitcoin’s near-term prospects and may weigh on the fund’s NAV.

Solana-focused funds continued to attract fresh money, posting net inflows as traders seek exposure to high-growth layer-1 protocols. The sustained appetite for Solana products highlights a shift toward diversified crypto strategies beyond Bitcoin.