Bitcoin, Solana, XRP ETFs see inflows; Ethereum faces $75.9M outflow

Bitcoin, Solana, and XRP spot ETFs attracted net inflows of $223.21 million, $7.33 million, and $3.89 million respectively on April 23, while Ethereum spot ETFs saw a $75.94 million net outflow, ending a 10-day inflow streak. The Ethereum above $2,600 on April 26 market sits at 0.2% YES.

## Market reaction

Solana’s $7.33 million in net inflows suggest mild bullish sentiment, though the amount is modest. The Solana price market for April 2026 shows no significant trading volume.

Ethereum’s reaction is sharper. The April 26 market dropped from 1% to 0.2% YES over the last 24 hours. The $75.94 million outflow is weighing on short-term sentiment.

## Why it matters

Trading volume tells the story. Ethereum’s market traded only $114 in USDC over the last 24 hours. It takes just $236 to move the price 5 percentage points. The market is thin, but the direction is clear: outflows are pushing sentiment bearish.

Ethereum isn’t benefiting from the same broader geopolitical de-escalation that’s lifting its peers. At 0.2¢, a YES share pays $1 if Ethereum is above $2,600 by April 26, a 500x return. Without a catalyst, that outcome remains unlikely.

## What to watch

Any updates on US-Iran peace talks could shift market sentiment, particularly if they affect energy prices or broader market stability. A reversal in Ethereum ETF flows would be the most direct signal of changing conviction.

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