Solana and XRP ETF products overshadowed Bitcoin and ETH ETF products.
January 2026 was a rollercoaster for the crypto market and the ETFs. The entire crypto market is down by 3.7% in the last 24-hours as per CoinGecko and is currently hovering around the $2.7 trillion mark. Bitcoin also hit its lowest today, when it fell below the $75,000 mark today, February 2, 2026, the first time it has fallen below this level since April 2025. This drop was driven by macro uncertainty and forced liquidations after key support levels failed.
Let’s have a look at how BTC, ETH, XRP and SOL ETFs performed in the month of January 2026.
Solana ETFs led the pack as it experienced an inflow of $104.73 million, highest amongst all of the listed ETF products. The best day for these ETF products was recorded on January 14, as the Solana ETFs experienced an inflow of $23.57 million and the worst day recorded was on January 30, when the products experienced an outflow of -$11.24 million, as per SoSoValue data.
Total net assets have dropped down below $1 billion mark and now stands at $991.62 million, which is 1.5% of SOL’s circulating market cap.
XRP ETF managed a positive inflow of $15.59 million in the month of January 2026. The best day for the XRP ETF products was January 6, as on that day, the products saw an inflow of $19.92 million and the worst day was January 29, when the products experienced an outflow of $92.92 million, as per SoSoValue data.
Total net asset now stands at $1.19 billion which is equal to 1.13% of XRP’s circulating market cap.
Ethereum’s spot ETF also struggled. In the month of January 2026, the product experienced an outflow of $353.20 million. The peak inflow hit on January 14 as the the products brought in $175.00 million and the worst day observed by the ETH ETF products was on January 21. The amount of outflow observed on January 21 was around the $297.51 million, as per SoSoValue data.
The total net asset stands at $15.86 billion, which is 4.90% of ETH’s circulating market cap.
US spot Bitcoin ETFs recorded a heavy outflow of $1.61 billion in January 2026, which indicates a waning institutional appetite. The best day for the product was January 14, when it observed a net inflow of $843.62 million and the worst day was observed on January 29, when it $817.8 million in net outflow, as per SoSoValue data.
With this data, the total net asset stands at $106.96 billion, which is 6.38% of Bitcoin’s circulating market cap.
Spot Bitcoin and Ethereum ETFs saw heavy outflows as investors hit a pause with the current market conditions. Meanwhile, altcoin ETFs like XRP and Solana quietly moved higher and swam against the current.
