Bitcoin ETF Inflows Slow as XRP Sees New January High

The inflow of money into US-listed spot Bitcoin exchange-traded funds (ETFs) slowed down on Wednesday, reaching $232.1 million in net inflows. This was a decrease from Tuesday's $314.4 million and marked the smallest daily total since August 18th.

Despite this slowdown, the eight-session streak of inflows has attracted about $2.8 billion and reduced year-to-date net outflows to around $2.03 billion. The cumulative net inflows rose to $54.6 billion while total net assets reached $98.6 billion.

In contrast, US-listed spot XRP ETFs saw a significant increase in inflows on Wednesday, attracting $28.1 million and reaching their January high. This was the largest daily inflow since January 5th, according to SoSoValue data.