US spot Bitcoin exchange-traded funds (ETFs) experienced $1.1 billion in net outflows in the past week, with Bitcoin’s price dropping over 9.9% to $95,740. This marks the fourth-largest week of outflows on record, raising concerns about institutional demand. Market data illustrates a “mini” bear market emerging, lacking catalysts for a sustained rally.

Despite a broader market downturn, Solana ETFs attracted $12 million in positive inflows last week, with 13 consecutive days of inflows since their Oct. 29 launch. In contrast, spot Ether ETFs saw $177 million in outflows, with Solana’s price dropping by 15% and Ether’s by 11% on the weekly chart.

Read more at Cointelegraph: Bitcoin ETFs Bleed $1.1B, Analysts Call ‘Mini’ Bear Market, Pivotal Moment