Key Takeaways
XRP ETFs recorded $8 million in net inflows on Thursday, the only major U.S. crypto ETF category to attract capital.
Bitcoin ETFs lost $244 million, bringing two-day outflows to approximately $729 million.
Ethereum ETFs shed $73 million, while Solana ETFs recorded $3 million in withdrawals.
The U.S. spot ZEC ETF lost $19 million, extending October outflows to approximately $86 million.
The withdrawals coincided with $1.19 billion in crypto liquidations as Bitcoin dropped toward $80,400.
U.S. spot XRP exchange-traded funds were the only major crypto ETF category to record net inflows on Thursday, attracting approximately $8 million while Bitcoin, Ethereum, Solana and Zcash funds experienced withdrawals.
According to SoSoValue data, all XRP inflows went into Franklin Templeton's XRPZ, which added approximately 6 million XRP. The other four XRP ETFs recorded no flows.
Bitcoin ETF Outflows Reach $729M in Two Days
Bitcoin ETFs registered $244 million in net outflows on Thursday, following Wednesday's $485 million withdrawal.
The combined two-day outflow reached approximately $729 million, highlighting continued selling pressure across crypto investment products.
Ethereum ETFs recorded $73 million in withdrawals, while Solana ETFs lost approximately $3 million.
The lone U.S. spot ZEC ETF shed another $19 million, marking its fifth outflow in six trading sessions this month. Its October withdrawals now total approximately $86 million, erasing roughly one-third of cumulative net inflows since launch.
XRP ETF Inflows Reach $1.81B Since Launch
Despite broader crypto ETF weakness, XRP funds have accumulated approximately $1.81 billion in net inflows since launch, exceeding the $1.59 billion recorded by Solana ETFs.
The divergence suggests XRP investment products are attracting comparatively stronger demand even as investors reduce exposure to other crypto assets.
Bitcoin Recovers Toward $83K After Liquidations
ETF withdrawals coincided with approximately $1.19 billion in leveraged crypto liquidations as Bitcoin declined toward $80,400.
BTC subsequently rebounded after President Donald Trump ruled out U.S. strikes on Iran before the November midterm elections.
Bitcoin later traded near $83,000, with analysts watching whether the cryptocurrency can sustainably reclaim that level after its recent breakdown.
A failed recovery above former support could reinforce the near-term bearish outlook.