Crypto ETF Outflows Total $263M as Bitcoin Sees Three-Week Streak End

U.S. crypto ETFs saw significant net outflows last week, totaling $263 million. This decline was largely driven by redemptions from Bitcoin ETFs, which ended a three-week streak of inflows with $462.73 million in withdrawals.

However, not all digital assets experienced outflows. Ether ETFs continued their positive run, attracting $197 million and extending their growth to four weeks. XRP and Solana ETFs also recorded gains during this period.

The divergence between these assets highlights selective institutional interest in the crypto market amidst a challenging macroeconomic backdrop. Upcoming Federal Reserve decisions and Senate votes on crypto legislation may influence future ETF demand and market direction.