ETF Inflow Streak Ends for Ether and XRP, Bitcoin Funds Rebound

The streak of inflows for US-listed spot Ether and XRP exchange-traded funds (ETFs) came to an end on Wednesday, as investor demand began to wane. Spot Ether ETFs recorded $48 million in net outflows, marking the end of a 12-consecutive trading days of inflows that had brought in $1.62 billion.

The largest Ether fund outflow was seen in BlackRock's iShares Ethereum Trust ETF (ETHA), which lost $53.4 million. Fidelity's Ethereum Fund (FETH) also saw significant outflows, shedding $26.2 million, while Grayscale's Ethereum Staking ETF (ETHE) lost $23.5 million.

However, BlackRock's staked Ether ETF (ETHB) managed to offset some of these withdrawals with around $53 million in net inflows.

Meanwhile, spot XRP ETFs also saw a reversal, posting $7.2 million in net outflows after an 11-session streak of inflows that had brought in about $170 million and lifted cumulative XRP ETF inflows to around $1.68 billion.