Ethereum and XRP ETF Inflows End Amid Cryptocurrency Price Slump

US-listed spot Ethereum and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand.

Sot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows. The funds had attracted $1.62 billion during the streak.

BlackRock's iShares Ethereum Trust ETF (ETHA) led Ether fund outflows with $53.4 million, while the Fidelity Ethereum Fund (FETH) lost $26.2 million and the Grayscale Ethereum Staking ETF (ETHE) shed $23.5 million. BlackRock's staked Ether ETF (ETHB), however, partially offset those withdrawals with around $53 million in net inflows.

Spot XRP ETFs also posted $7.2 million in net outflows, ending an 11-session inflow streak. The streak brought in about $170 million, lifting cumulative XRP ETF inflows to about $1.68 billion.