Bitcoin (BTC-USD) Rebounds to $110,400 as BlackRock’s IBIT ETF Anchors Market Stability
Bitcoin has shown remarkable resilience, closing the week at approximately $110,400 after enduring three consecutive days of significant ETF outflows. This rebound is largely attributed to the BlackRock iShares Bitcoin Trust (IBIT), which saw renewed inflows late Friday, effectively countering the selling pressure seen earlier in the week. According to institutional flow trackers, Bitcoin ETFs experienced outflows of $191.6 million on Friday, following $488 million on Thursday and $470 million on Wednesday, culminating in a staggering $1.15 billion in redemptions over the three-day period — marking the sharpest outflow streak since April.
Despite these substantial withdrawals, IBIT’s market share surged to 41% of total Bitcoin ETF assets, as long-term investors viewed the dip as an attractive buying opportunity. Analysts have underscored IBIT’s consistent bid support as vital in preventing Bitcoin from breaking below the critical $108,000 support zone.
Solana ETFs Absorb Capital as Rotation Away from Bitcoin and Ethereum Accelerates
While Bitcoin ETFs faced significant redemptions, capital swiftly shifted toward Solana-linked products. Data from SoSoValue confirmed an impressive $44.48 million in daily inflows into Solana ETFs on Friday, marking the fourth consecutive day of inflows and pushing total inflows to $199.2 million, with combined Assets Under Management (AUM) surging past $502 million.
The Bitwise Solana Staking ETF (BSOL) has spearheaded this movement, accumulating nearly $223 million in assets since its launch and achieving a remarkable 4.99% daily gain. With an estimated 7% staking yield, BSOL has quickly positioned itself as the centerpiece of the current institutional rotation cycle. Other ETFs like Grayscale’s GSOL and Canary’s Hedera (HBAR) and Litecoin (LTC) are also observing growth, albeit at a slower pace compared to Bitwise’s clear dominance.
IBIT’s Role in Market Rebalancing and Institutional Confidence
The BlackRock IBIT ETF, which has seen more than $28 billion in inflows since its January debut, serves as a bellwether for institutional sentiment regarding Bitcoin. Despite the recent outflows, IBIT continues to maintain the lowest tracking error and the strongest liquidity ratio among all crypto ETFs, solidifying its position as Bitcoin’s institutional gateway.
The recent shift toward Solana does not indicate a retreat from Bitcoin but rather represents a strategic portfolio diversification by major funds. With the Federal Reserve signaling slower tightening measures and global liquidity injections exceeding $1.5 trillion, institutions are tactically allocating toward high-yield altcoin ETFs while keeping core exposure in IBIT.
Bitcoin Technicals: 200-Day EMA Cross Hints at $145,000 Target
Bitcoin’s technical indicators remain bullish. After a robust 12% climb from its October low of $98,200, BTC is currently holding above the 200-day EMA—a historically critical inflection point for multi-month rallies. The Relative Strength Index (RSI) sits at 63, indicating moderate upward momentum, while on-chain accumulation activity by short-term holders signifies increasing confidence.
Analysts project a potential appreciation toward $130,000–$145,000 by mid-2026, with support levels identified at $108,000 and $106,500. The future dynamics of BlackRock’s IBIT ETF remain crucial for this projection; should inflows accelerate next week, Bitcoin could re-test the $115,000 resistance level before moving higher.
Solana Builds ETF Momentum, Eyes $300–$500 Range
At $186.90, Solana (SOL-USD) has been consolidating following an 18% weekly decline, which analysts attribute to a normal correction in the wake of significant inflows. CryptoPulse identifies a bullish accumulation zone near $170, with breakout targets aiming between $300 and $500. Meanwhile, DonaldsTrades anticipates a target of $600 by 2026, conditional upon strong ETF dynamics and a recovery in market-wide liquidity.
The launch of the Bitwise BSOL ETF and Hong Kong’s recent approval of its first Solana ETF have expanded Solana’s institutional accessibility, establishing a supplementary capital channel beyond the U.S. As Bitcoin stabilizes, yield-seeking funds are likely to continue maintaining dual exposure—utilizing IBIT for stability and BSOL for yield growth.
Market Rotation Highlights a Structural Shift in Crypto Capital Flows
The simultaneous activities observed in both IBIT and BSOL reflect an evolving market dynamic. Institutions are adopting multi-asset ETF strategies, viewing Solana not as an alternative to Bitcoin but as a complimentary yield-enhancing instrument. The combined $700 million in active flows between these two ETFs over just a week further underscores this structural shift in crypto capital flows.
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 exhibit sustained institutional interest. Market structures remain bullish into 2026, supported by ETF liquidity and macroeconomic easing.
- Bitcoin (BTC-USD / IBIT ETF): Buy, targeting $130,000–$145,000
- Solana (SOL-USD / BSOL ETF): Buy, with near-term targets of $300–$500 and long-term projections of $600
- Ethereum (ETH-USD): Hold, pending a rebound following $98M in ETF outflows
The ongoing ETF-driven landscape is reshaping crypto markets into a diversified yield ecosystem, with BlackRock’s IBIT ETF anchoring Bitcoin’s institutional core and Bitwise’s BSOL ETF leading the charge into the next frontier of altcoin adoption.
