Ether ETFs Bleed $542M as Solana's 14-Week Inflow Streak Finally Breaks

Ether ETFs just posted their worst week since January. And Solana's record inflow streak is officially over.

Nine straight days of redemptions

Spot ether funds bled $542.1 million last week, extending the losing run to nine consecutive trading days. That streak is worth $697.2 million in total and kicked off on Sept. 29.

Net assets dropped 10% over the week to $15.71 billion. The funds are still up on the year — $931.8 million in net inflows year to date — but that number was $1.47 billion just a week earlier. Trading volume actually climbed to $5.18 billion from $3.57 billion, so this is heavy selling, not quiet apathy.

One fund carried most of the damage

BlackRock's ETHA lost $477.0 million, roughly 88% of the entire category's outflow. It was the fund's biggest weekly redemption since mid-December 2025. Grayscale's ETHE came second at $31.9 million.

Tuesday was the heaviest single session, with $201.9 million pulled — the same day ETHA's 1-for-3 reverse share split took effect. The nine-day run now ties a June 17–30 stretch as the third-longest in the products' history. The record stands at 17 days from May 11 to June 3, which drained about $900.1 million.

Solana's 14-week streak snaps

Solana funds lost $24.8 million, the largest weekly outflow since they launched in late October 2025. That ends a 14-week inflow run that had been the longest since launch.

The reversal was total: outflows hit all five trading sessions, the longest daily losing streak on record for these products. The previous worst was just three days. Bitwise's BSOL, the biggest Solana fund at $1.20 billion in net assets, accounted for $20.9 million of the damage — about 84%.

Why you should care

Add bitcoin ETF redemptions and the three categories shed roughly $1.25 billion in a week. Bitcoin funds snapped a three-week inflow run too, based on SoSoValue data.

This looks less like panic and more like rotation. Money is leaving the two biggest ETF categories at once while traders hunt for the next narrative. If you are holding ETH or SOL exposure through ETF wrappers, flows are now the fastest signal on where institutional money is heading — and right now it is heading out.