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ETF Bitcoin and Ethereum are rapidly experiencing withdrawals, with Solana becoming the only bright spot

On November 20th, the cryptocurrency ETF market continued to experience a wave of significant withdrawals. Spot Bitcoin ETF funds recorded a total outflow of up to 903 million USD, the second-highest in history, indicating a cautious sentiment among investors amid increasing volatility of BTC.

Not only Bitcoin, but spot Ethereum ETFs also faced prolonged selling pressure, with 262 million USD withdrawn – marking the eighth consecutive session of net outflows. Conversely, Solana became a rare bright spot as SOL spot ETFs attracted 23.66 million USD in inflows, demonstrating steady demand and growing interest in the Solana ecosystem despite the overall market being less positive.

BTC-0.82%
ETH-1.77%
SOL-0.66%
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