Tuesday was another rough day for the biggest crypto ETFs. Bitcoin and ether funds together lost $368.75 million on May 26, extending their outflow streaks. It wasn't all red: altcoin ETFs saw inflows, with HYPE funds pulling in $20.45 million and XRP funds adding $1.55 million. Solana ETFs sat out — no activity at all.
Tuesday's outflow numbers
The combined $368.75 million loss marks the latest in a string of negative days for bitcoin and ether ETFs. The outflows have been building for weeks. Bitcoin funds accounted for the bulk, though the exact split isn't broken out in the data. The key takeaway: the bleeding hasn't stopped.
Altcoin funds in the green
HYPE ETFs attracted $20.45 million in fresh money, while XRP funds brought in $1.55 million. That's not huge relative to the outflows, but it's a clear sign that some investors are rotating into smaller names. The inflows weren't enough to offset the broader losses, but they broke the all-red pattern.
Solana ETFs see zero action
Solana ETFs recorded no trading activity on Tuesday. That's not a surprise — volumes have been thin for weeks. The funds exist but aren't drawing interest, at least not on this day.
The market now waits for Wednesday's data. If the outflow streak continues, it'll put more pressure on asset managers to reassess their exposure. If it reverses, the narrative could shift just as fast.
