Bitcoin ETFs Shed $261M as XRP Funds Buck Outflow Trend

What happened: U.S. spot Bitcoin ETFs saw net outflows of $261–262 million on October 14, reversing a $176 million inflow the previous day. Fidelity's FBTC led with $152.73 million in outflows, followed by BlackRock's IBIT at $110.94 million. Only Bitwise's BITB posted a modest inflow of $2.22 million. In contrast, XRP ETFs recorded a $740,000 inflow, marking their 13th consecutive week of net gains, despite the broader trend of outflows across BTC, ETH, SOL, and ZEC ETFs.

Why it matters: The persistent outflows from major Bitcoin ETFs reflect shifting investor sentiment amid market volatility and macroeconomic uncertainty. While XRP ETF inflows are small in absolute terms, their resilience stands out against the backdrop of widespread withdrawals, suggesting a niche but steady demand for alternative crypto exposure. The divergence may influence future ETF product development and allocation strategies.

Source: Cointelegraph, Cryptonews, TokenPost