Crypto
XRP ETFs Absorb Wall Street Cash as BTC and ETH Bleed
US-listed XRP exchange-traded funds (ETFs) drew significant inflows on September 8, to the tune of $1.55 million, making them the largest among 12 spot crypto fund groups.
This comes as Bitcoin and Ethereum products saw substantial outflows, with a combined loss of $71.54 million in just one day.
The data from SoSoValue records shows that four groups lost money on September 8, while six recorded no flow at all. The three major cryptocurrencies, BTC, ETH, and SOL, had not fallen together since July 9.