XRP ETFs Only Crypto Funds With Inflows as BTC ETFs Lose $244M
What happened: Bitcoin ETFs saw $244 million in outflows on Thursday, following $485 million the previous day, totaling $729 million in two days.
What happened: Bitcoin ETFs saw $244 million in outflows on Thursday, following $485 million the previous day, totaling $729 million in two days. Ethereum ETFs lost $73 million, Solana ETFs $3 million, and Zcash funds $19 million (fifth outflow in six days). XRP ETFs were the only group with inflows, adding $8 million—all concentrated in Franklin Templeton’s XRPZ product. Bitcoin rebounded above $83,000 after dipping near $80,400, and $1.19 billion in leveraged crypto bets were liquidated in the same period.
Why it matters: The ETF outflows highlight a cautious institutional stance amid recent volatility, with only XRP products attracting new capital—primarily through a single issuer. This suggests that demand for crypto exposure via ETFs remains highly selective. The concentration of XRP inflows in Franklin Templeton’s fund, rather than broad-based adoption, raises questions about the sustainability of this trend. The large-scale liquidations and ETF withdrawals underscore ongoing market fragility and the sensitivity to both macro and crypto-specific shocks.
Source: CoinDesk