Ether, XRP ETF inflow streaks end as Bitcoin funds rebound
Ether ETFs posted $48 million in outflows after attracting $1.62 billion over 12 trading days, while XRP funds ended an 11-session inflow run.
The inflow streaks for Ether and XRP ETFs have ended after attracting significant amounts of capital in recent weeks. Spot Ether ETFs recorded $48 million in net outflows, ending a 12-day streak of inflows that saw $1.62 billion attracted. BlackRock's iShares Ethereum Trust ETF (ETHA) led the outflows, while Fidelity Ethereum Fund (FETH) and Grayscale Ethereum Staking ETF (ETHE) experienced losses.
Similarly, Spot XRP ETFs posted $7.2 million in net outflows, concluding an 11-day inflow streak that brought in $170 million, raising cumulative XRP ETF inflows to about $1.68 billion. In contrast, Bitcoin ETFs saw a reversal in their flows, drawing $101.2 million on Wednesday after $236.5 million in net outflows the previous day.
This shift in ETF flows occurred as cryptocurrency prices declined, with Ether leading the losses over the past week, followed by XRP and Bitcoin. As of publication, Ether was trading at $2,407, XRP at $1.36, and Bitcoin at $77,744.
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