Altcoin ETFs Shine; Bitcoin, Ethereum See Outflows as Solana and XRP Drive Volatility - November 20, 2025, 9:50 AM IST
Institutional flows shift into Solana and XRP as new ETFs attract record capital, while Bitcoin falls to $92K and Ethereum slips to $3K on heavy outflows. Market trends, funding rates, and price action for November 20, 2025.
Thursday highlights a sharp divergence in crypto flows, with altcoin ETFs drawing record capital as Bitcoin and Ethereum face substantial outflows:
- **Bitcoin ** tumbles 0.57% to $92,000 on hefty volume ($1.4B, +8.77%), funding steady at 0%. The price quickly rebounded from an $88,600 intraday low, with whale wallets at a four-month high, foreshadowing local support but ongoing defensive sentiment.β
- **Ethereum ** slips 1.62% to $3,000, volume up 29.12% ($736.79M). ETF outflows accelerate as traders seek altcoin exposure, funding at 0.03% showing cautious derivatives trading.β
- Solana bounces 1.83% to $142.54, volume climbs 31.07% ($327.71M), funding jumps to 1.4%. New spot ETFs and institutional launches spark a technical rally while sentiment improves with SOL holding above key weekly support at $128.β
- XRP drops 2.76% to $2.123, volume climbs 38.58% ($315.23M), funding rate at 0.47%. Fresh ETF listings powered first-day volumes above $58M, but price remains volatile as short-term traders lock profits and rotation persists.β
Market Insights
- Bitcoin and Ethereum experience heavy ETF redemptions, with over $4B flowing out in three weeks, while altcoins, especially Solana and XRP, see robust ETF-driven inflows and renewed institutional interest.β
- Solana rallies on ETF-driven momentum, establishing $128 as key support and attracting increased risk appetite, with multi-manager ETF inflows topping $382M in three weeks.β
- XRPβs ETF launches keep trading volume and volatility elevated, but high turnover also leads to positioning shakeouts above $2.10β$2.15.β
- Overall sector rotation is extreme: funds flow rapidly out of Bitcoin and Ethereum ETFs and into emerging leaders, with price action tracking fund and whale wallet flows closely.
LuwakTech analytics highlight real-time ETF rotations, funding rates, and whale wallet behavior, essential for navigating Q4 crypto volatility and opportunity.