Bitcoin Outflows Widen as XRP Holds Steady Amid Mixed Crypto Market Signals

The crypto market is showing mixed signals as Bitcoin outflows widen while Ethereum and XRP ETFs remain relatively stable.

According to SoSoValue, U.S. Bitcoin ETFs recorded a net outflow of $57.63 million on August 14, with total net assets standing at $76.61 billion. The weekly figures were even more concerning, with a net outflow of $389.71 million.

Ethereum showed a different pattern, with ETH trading at $1,900.47 and its market capitalization at approximately $229.35 billion. Despite the price increase, Ethereum ETFs recorded $0 in net daily flows on August 14, but posted a weekly outflow of $2.26 million.

XRP also remained steady, with no net ETF flow on August 14 and total net assets reaching $933.01 million. However, XRP's weekly performance was more encouraging, with a net inflow of $2.25 million.