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Ether Funds Shed $542 Million, Solana’s 14-Week Streak Snaps — BigGo Finance

Ether Funds Shed $542 Million, Solana’s 14-Week Streak Snaps — BigGo Finance

A broad retreat from U.S. cryptocurrency exchange-traded funds accelerated last week, with spot Ethereum products hemorrhaging more than half a billion dollars and Solana funds ending their longest sustained run of investor demand since launch.

Combined net outflows across five categories of crypto ETFs tracked by Farside Investors reached $1.29 billion during the Oct. 5-9 trading week, according to data compiled from the research firm’s daily tables. Bitcoin and Ether funds accounted for the bulk of the exodus, while smaller products tied to Solana, Zcash and Hyperliquid also posted weekly losses.

The reversal was stark. During the prior five-session stretch ending Oct. 2, the same five fund groups had attracted a combined $29.2…

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