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Ethereum ETFs lose $104M while Solana ETFs gain $1.1B, signaling a shift in institutional crypto preferences.

Market News
21 May 2026
Crypto Briefing
View Source
Neutral
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Ethereum spot ETFs saw $104 million in outflows on May 7, while Solana ETFs recorded $1.12 billion in inflows over 11 consecutive days, highlighting a clear institutional rotation within crypto assets. This shift shows investors are now making more selective bets on Layer 1 tokens rather than treating crypto as a single asset class. Solana's consistent inflows reflect strong confidence in its high-speed, low-fee network, while Ethereum struggles with a more complex investment narrative despite its established ecosystem. The trend suggests a maturing market where token fundamentals and momentum drive capital allocation, with potential volatility if Solana's inflow streak ends or Ethereum's narrative improves.

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