Bitcoin ETFs See Outflows, XRP Funds Attract Continued Investment
On September 10, Bitcoin (BTC) exchange-traded funds experienced a $282.6 million outflow for the third consecutive day, pushing total net assets below $98 billion to $97.49 billion. This marks a reversal from earlier strong inflows and highlights growing investor uncertainty around BTC ETFs. In contrast, XRP (XRP) funds saw their third straight day of inflows, totaling $190.5 million over the past 20 sessions with only one outflow recorded during that period. The divergent trends underscore differing market sentiment toward Bitcoin and XRP products. While BTC ETFs have swung between heavy buying and selling recently, XRP funds maintained consistent demand even as its price declined slightly to around $1.36 on the day. Ethereum (ETH) and Solana (SOL) also saw outflows of $29.8 million and $482,547 respectively. Smaller crypto ETFs like Chainlink (LINK) and Polkadot (DOT) showed signs of renewed interest with modest inflows.
Topics: Bitcoin ETF ETF outflows investor behavior XRP funds