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Bitcoin ETFs Shed $261M, XRP Funds Buck Outflow Trend
Only $542 million of the $2 billion asset drop came from investor withdrawals, as Ether’s price decline drove most of the loss, SoSoValue said.
- Ethereum ETFs have logged nine consecutive sessions of outflows, shedding nearly $2 billion in assets since early October as institutional investors reassess their positions.
- Falling Ethereum prices drove most of the $2 billion decline; investors withdrew about $542 million while the remaining $1.44 billion drop resulted solely from the asset's declining market value.
- Investors withdrew a significant $391 million from Bitcoin and Ethereum ETFs in a single day, with Bitcoin ETFs recording $261 million of this total, marking one of October's largest outflows.
- XRP ETFs bucked the trend by recording about $740,000 in inflows on Wednesday, breaking three consecutive sessions of zero activity despite remaining a fraction of Bitcoin's concurrent outflows.
- Solana ETFs and Zcash ETFs also recorded net outflows for the week ending Wednesday, extending selling pressure across major cryptocurrency funds as market participants monitor whether institutional withdrawals will persist.
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FXStreetBitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week. US spot Bitcoin exchange-traded funds (ETFs) returned to net outflows for the week on Wednesday as BTC fell below $82,000. Bitcoin ETFs recorded about $262 million in outflows on Wednesday, reversing $176 million in inflows the […]
The updated value of the second most important cryptocurrency by capitalization.Origin and history of Ethereum.
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Bitcoin ETFs in sight in the U.S. add $151 million in weekly outflows; Ether, Solana and Zcash retreat, while XRP has positive flow
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Total News Sources43
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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