Flow Tape

The dispersion points to asset-level rotation rather than a broad directional bid, according to InflowScan data. ETH products led on both size and count, with ETHB and FETH combining for roughly $32.9 million. Bitcoin flows skewed negative on the back of concentrated redemptions from Grayscale and BlackRock's flagship, while Solana registered a modest net positive led by BSOL.

Top Inflows

  • +$23.0M ↑ ETHB (BlackRock, ETH)
  • +$11.2M ↑ BSOL (Bitwise, SOL)
  • +$9.9M ↑ FETH (Fidelity, ETH)

Top Outflows

  • -$27.3M ↓ GBTC (Grayscale, BTC)
  • -$19.5M ↓ IBIT (BlackRock, BTC)
  • -$0.7M ↓ SLON (ProShares, SOL)

7-Day Context

Trailing 7-day and 30-day cumulative figures are not available in this print, as settling days remain incomplete. Wednesday's modestly positive tape is consistent with a session where ETH-side accumulation offset persistent Bitcoin redemption pressure — a pattern InflowScan data has flagged intermittently in recent sessions.