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Bitcoin Gains as Ethereum, XRP Inflow Streaks Stall

Guavy AI Editorial Team
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BTC ETH XRP
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US spot crypto ETFs saw a shift in demand on Wednesday, with Bitcoin products attracting fresh inflows despite a broader pullback in cryptocurrency prices.

Ether and XRP spot ETFs, which had been seeing consistent buying for over a week, experienced net outflows totaling $48 million and $7.2 million respectively.

This change in flow is significant because ETF purchases are often viewed as an indicator of US institutional sentiment towards major digital assets.

Bitcoin ETFs drew in $101.2 million on Wednesday, following a day earlier marked by net outflows.

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