XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion
US-listed XRP ETFs extended their inflow streak to 13 weeks as Bitcoin , Ethereum and Solana funds suffered nearly $1.25 billion in combined withdrawals during the week ended Oct. 9. Bitcoin ETFs recorded $681.1 million in net withdrawal...
US-listed XRP ETFs extended their inflow streak to 13 weeks as Bitcoin, Ethereum and Solana funds suffered nearly $1.25 billion in combined withdrawals during the week ended Oct. 9.
Bitcoin ETFs recorded $681.1 million in net withdrawals, while Ethereum products shed $542.07 million and Solana funds lost $24.81 million, according to SoSoValue’s Bitcoin, Ethereum and Solana tables. XRP ETFs added $11.31 million, leaving the four groups with combined net redemptions of about $1.24 billion.
The divergence ended three weeks of Bitcoin ETF inflows and Solana’s 14-week positive streak.
Ethereum recorded its largest weekly outflow since January.
Bitcoin’s $681.1 million weekly outflow followed $241.09 million of inflows the previous week, a $922.19 million swing in investor demand.
Redemptions were concentrated in two sessions. Investors withdrew $487.07 million on Wednesday and another $244.13 million on Thursday. A $21.13 million inflow on Friday provided some relief, but left the funds with their first negative week since the week ended Sept. 11.
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