U.S.-listed Bitcoin exchange-traded funds (ETFs) recorded a net inflow of 492 BTC on the latest trading day, even as Ethereum ETFs continued to see net redemptions, according to on-chain data tracked by Lookonchain.The flows highlight a divergence in institutional positioning between major crypto assets, with bitcoin attracting selective inflows while ether remains under pressure.ETF flow breakdownBitcoin ETFs:Daily net inflow: +492 BTCSeven-day net flow: –14,643 BTCEthereum ETFs:Daily net outflow: –27,478 ETHSeven-day net flow: –95,245 ETHSolana:Daily net inflow: +74,863 SOLSeven-day net inflow: +278,910 SOLWhat the flows suggestWhile the daily inflow into Bitcoin ETFs signals some stabilization after recent volatility, the negative seven-day net flow indicates that broader institutional appetite remains cautious.Ethereum ETFs continue to experience persistent outflows, reinforcing the view that investors are reducing exposure amid weaker on-chain activity and uncertainty around near-term catalysts.In contrast, Solana has seen consistent inflows, both daily and weekly, suggesting stronger relative demand and a shift toward higher-beta assets within the institutional and semi-institutional cohort.Market contextETF flows are often viewed as a proxy for institutional sentiment, though analysts caution that short-term data can be volatile. Still, the current pattern points to selective risk-taking rather than a broad-based reallocation into crypto, with capital favoring bitcoin defensively and rotating into Solana for growth exposure.Whether this divergence persists will likely depend on price follow-through, macro conditions, and upcoming regulatory or ETF-related developments in the weeks ahead.