Bitcoin ETFs Bounce Back as Ether and XRP Funds Experience Outflows
ETF flows for major cryptocurrencies have shifted in recent days as Bitcoin saw renewed demand while Ether and XRP funds experienced outflows. Spot Ether ETFs recorded $48 million in net outflows, ending a 12-session inflow streak that had brought in approximately $1.62 billion.
XRP ETFs also reversed course, posting $7.2 million in outflows after 11 consecutive sessions of inflows. Meanwhile, spot Bitcoin ETFs attracted $101.2 million, recovering from $236.5 million in outflows the previous day.
The reversal comes as Ether faces renewed price pressure after its strong recent performance, with a 3.4% decline over seven days making it the weakest performer among the three assets. XRP declined 2.4%, while Bitcoin fell 1.3%.