Bitcoin (BTC-USD) Rebounds to $110,400 as BlackRock’s IBIT ETF Anchors Market Stability
Bitcoin closed the week near $110,400, regaining footing after three consecutive sessions of heavy ETF outflows. The stabilization was largely attributed to BlackRock’s iShares Bitcoin Trust (IBIT), which absorbed renewed inflows late Friday, helping offset broader selling pressure seen earlier in the week. According to institutional flow trackers, Bitcoin ETFs lost $191.6 million on Friday, following $488 million Thursday and $470 million Wednesday, totaling $1.15 billion in redemptions over three sessions — the steepest outflow streak since April.
Despite these exits, IBIT’s market share rose to 41% of total Bitcoin ETF assets as long-term investors treated the dip as an entry point. Analysts pointed to IBIT’s consistent bid support as the key stabilizing force preventing BTC from breaching the $108,000 support zone.
Solana ETFs Absorb Capital as Rotation Away from Bitcoin and Ethereum Accelerates
While Bitcoin ETFs experienced redemptions, capital swiftly rotated into Solana-linked products. Data from SoSoValue confirmed $44.48 million in daily inflows into Solana ETFs on Friday, marking a fourth consecutive day of inflows and pushing total inflows to $199.2 million, with combined AUM surpassing $502 million.
The Bitwise Solana Staking ETF (BSOL) led this surge, adding nearly $223 million in assets since launch and posting a 4.99% daily gain. Offering an estimated 7% staking yield, BSOL has quickly become the centerpiece of the current institutional rotation cycle. Grayscale’s GSOL and Canary’s Hedera (HBAR) and Litecoin (LTC) ETFs are also gaining traction, though their growth remains secondary to Bitwise’s early dominance.
IBIT’s Role in Market Rebalancing and Institutional Confidence
BlackRock’s IBIT ETF, which has drawn over $28 billion in inflows since its January debut, remains the benchmark for institutional sentiment toward Bitcoin. Despite recent outflows, IBIT continues to record the lowest tracking error and strongest liquidity ratio among all crypto ETFs, reinforcing its credibility as Bitcoin’s institutional gateway.
The temporary rotation into Solana does not signify a withdrawal from Bitcoin but rather a portfolio diversification move by major funds. With the Fed signaling slower tightening and liquidity injections exceeding $1.5 trillion globally, institutions are tactically allocating toward high-yield altcoin ETFs like BSOL while maintaining core exposure in IBIT.
Bitcoin Technicals: 200-Day EMA Cross Hints at $145,000 Target
Bitcoin’s technical setup remains bullish. After climbing 12% from its October low of $98,200, BTC is now holding above the 200-day EMA, historically a key inflection level for multi-month rallies. The RSI sits at 63, showing moderate momentum, while on-chain accumulation by short-term holders signals renewed confidence.
Analysts project a potential move toward $130,000–$145,000 by mid-2026, with support zones at $108,000 and $106,500. BlackRock’s IBIT ETF remains pivotal; if IBIT’s inflows accelerate next week, Bitcoin could re-test $115,000 resistance before breaking higher.
Solana Builds ETF Momentum, Eyes $300–$500 Range
At $186.90, Solana (SOL-USD) continues to consolidate after an 18% weekly decline, but analysts view the correction as a healthy retracement following outsized inflows. CryptoPulse identified a bullish accumulation zone near $170, with potential breakout targets at $300–$500, while DonaldsTrades forecasts a $600 target by 2026 contingent on ETF strength and market-wide liquidity recovery.
The debut of Bitwise’s BSOL ETF and Hong Kong’s first Solana ETF approval has broadened Solana’s institutional reach, creating a secondary capital pipeline beyond U.S. markets. As Bitcoin stabilizes, yield-seeking funds are likely to maintain dual exposure — IBIT for stability, BSOL for yield growth.
Market Rotation Highlights a Structural Shift in Crypto Capital Flows
The simultaneous activity in IBIT and BSOL illustrates a maturing market dynamic. Instead of speculative rotation, institutions are implementing multi-asset ETF strategies, treating Solana not as an alternative to Bitcoin but as a complementary yield instrument. The combined $700 million in active flows between both ETFs in just one week underscores this evolution.
Verdict: Buy – Bitcoin Holds Bullish Bias via IBIT Strength; Solana ETFs Signal Expanding Institutional Demand
With IBIT ETF inflows stabilizing Bitcoin above $110,000 and Solana ETFs capturing new capital, both assets show sustained institutional interest. The broader structure remains bullish into 2026, supported by ETF liquidity and macro easing.
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Bitcoin (BTC-USD / IBIT ETF): Buy, target $130,000–$145,000
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Solana (SOL-USD / BSOL ETF): Buy, near-term $300–$500, long-term $600
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Ethereum (ETH-USD): Hold, pending rebound after $98M ETF outflows
The ETF-driven landscape is transforming crypto markets into a diversified yield ecosystem — with BlackRock’s IBIT ETF anchoring Bitcoin’s institutional core, and Bitwise’s BSOL ETF driving the next frontier of altcoin adoption.
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