US-Listed Ether and XRP ETF Inflow Streaks End Amid Cryptocurrency Price Declines

The streak of inflows into US-listed spot Ether and XRP exchange-traded funds (ETFs) has come to an end. According to data from SoSoValue, spot Ether ETFs recorded $48 million in net outflows on Wednesday, marking the end of 12 consecutive trading days of inflows.

The funds had attracted a total of $1.62 billion during this period. 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.

However, BlackRock's staked Ether ETF (ETHB) partially offset those withdrawals with around $53 million in net inflows.

Similarly, spot XRP ETFs also posted $7.2 million in net outflows on Wednesday, ending an 11-session inflow streak that brought in about $170 million and lifted cumulative XRP ETF inflows to about $1.68 billion.