Solana and XRP spot ETFs see inflows as Bitcoin and Ethereum face combined $520M in outflows
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The US ETFs of Bitcoin and Ether recorded combined outflows of $520.09 million after the Federal Reserve first raised their rates since 2023. While large funds faced a new wave of withdrawals, XRP, Solana and HYPE captured moderate entries that show a more selective institutional demand.
XRP ETF Inflows Beat the Trend as Bitcoin, Ethereum ETFs
The post XRP ETF Inflows Beat the Trend as Bitcoin, Ethereum ETFs Lose $520M appeared first on Coinpedia Fintech News XRP ETF demand returned just as investors pulled heavily from Bitcoin and Ethereum funds. On September 16, XRP ETFs recorded $3.5 million in net inflows, while Bitcoin and Ethereum ETFs lost about $520 million combined. This has created a sharp split in institutional crypto flows after the Fed’s latest rate hike. XRP ETFs Attrac…
Bitcoin and Ethereum ETFs See $520M Outflows After Fed Rate Hike
U.S. spot Bitcoin and Ethereum ETFs recorded about $520 million in combined net outflows on September 16, as withdrawals accompanied the Federal Reserve’s interest rate increase. BlackRock’s Bitcoin and Ethereum funds accounted for nearly half that total, putting the largest redemptions at the center of questions about whether tighter monetary policy will prolong selling pressure. […] Read The Full Article Bitcoin and Ethereum ETFs See $520M Out…
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Cryptocurrency News | Cryptocurrency Prices | Market CapSolana and XRP spot ETFs see inflows as Bitcoin and Ethereum face combined $520M in outflows
Bitcoin and Ethereum spot ETFs saw $520M in combined outflows on September 16, while Solana and XRP ETFs attracted modest inflows amid a Fed rate
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