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Ether and XRP ETF Inflow Runs Break as Bitcoin Funds Recover

Ether ETFs posted $48 million in outflows after 12 sessions of $1.62 billion in inflows, while XRP funds ended an 11-session run. Bitcoin funds rebounded, Cointelegraph reported.

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Ether and XRP ETF Inflow Runs Break as Bitcoin Funds Recover
Ether exchange-traded funds recorded $48 million in net outflows, ending a 12-trading-day period that had brought in $1.62 billion, according to Cointelegraph. XRP funds also saw their inflow streak come to an end after 11 consecutive sessions of positive flows. The shift marked a reversal for both altcoin-linked products, while Bitcoin funds rebounded during the same period. The report did not provide an amount for the XRP outflows or further details on the Bitcoin fund recovery. The latest flow data highlights a change in direction across crypto investment products after sustained demand for Ether and XRP exposure. Investors tracking BTC, ETH and XRP ETF activity may focus on whether the interrupted streaks resume or develop into a longer-lasting trend.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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