Institutional demand for crypto exchange-traded funds [ETFs] strengthened on 13 March. Bitcoin and Ethereum funds recorded strong daily inflows. At the same time, Solana ETFs showed a mixed trend despite positive daily allocations, according to data from Lookonchain.
Combined flows across the three major crypto ETF segments suggested renewed institutional activity, with Ethereum ETFs leading the day’s inflows.
Ethereum ETFs lead daily inflows
Ethereum ETFs recorded the strongest daily demand among the three assets, posting net inflows of 44,240 ETH, worth about $96.7m.
Much of the demand came from Fidelity’s Ethereum ETF [FETH], which saw 25,174 ETH added in a single day. BlackRock’s ETHA ETF also recorded notable inflows of 9,062 ETH, while Grayscale’s ETH products added 9,195 ETH.
Despite the strong daily inflows, the weekly picture remained more mixed. Ethereum ETFs posted net inflows of 1,540 ETH over the past seven days, indicating that recent buying has only partially offset earlier outflows.
Overall, the funds now collectively hold 5,744,156 ETH, valued at roughly $12.56bn.
Bitcoin ETFs continue steady accumulation
Bitcoin ETFs also registered positive inflows on the day, adding 570 BTC worth around $41.9m.
The majority of that demand came from BlackRock’s iShares Bitcoin Trust [IBIT], which recorded 658 BTC in daily inflows and 4,421 BTC over the past week. It reinforced its position as the dominant Bitcoin ETF.
Other funds saw more mixed activity. Fidelity’s FBTC recorded 218 BTC in daily inflows, while Grayscale’s GBTC products saw outflows of 162 BTC.
Over the past week, Bitcoin ETFs have recorded net inflows of 2,589 BTC, valued at approximately $190m.
Collectively, the funds now hold 1,287,827 BTC, worth about $94.5bn.
Solana ETF flows remain uneven
Solana ETF flows presented a more complex picture.
The funds recorded daily inflows of 29,906 SOL, worth around $2.75m, largely driven by Bitwise’s BSOL ETF, which added 46,563 SOL.
However, the broader weekly trend remained negative. Solana ETFs recorded net outflows of 56,053 SOL over the past seven days, equivalent to roughly $5.16m.
Grayscale’s GSOL fund saw weekly outflows of 45,343 SOL, while Fidelity’s FSOL ETF recorded 63,838 SOL in outflows over the same period.
Across all issuers, Solana ETFs now collectively hold 9,694,237 SOL, valued at about $891.9m.
Institutional flows remain selective
The latest ETF data highlights how institutional capital is continuing to flow into crypto markets, though not uniformly across assets.
While Ethereum led daily inflows and Bitcoin continued to see steady accumulation, Solana’s mixed flows suggest institutional investors remain more cautious toward newer ETF products.
Final Summary
- Ethereum ETFs led the day’s institutional demand with nearly $97m in inflows, while Bitcoin ETFs added about $41.9m.
- Solana ETFs saw daily inflows but weekly outflows, reflecting uneven institutional sentiment toward the asset.
Adewale Olarinde
JournalistAdewale Olarinde is a crypto journalist and data-driven storyteller with a Master’s degree in International Relations. He covers digital assets, markets, and policy with a focus on clarity and context. Outside of work, he’s a lifelong Manchester United supporter and a big music lover.