The crypto ETF market saw sharply contrasting trends last week: ETFs related to $XRP recorded net inflows for 13 consecutive weeks, with no letup in demand. By contrast, Bitcoin, Ethereum, and Solana funds saw combined net outflows of nearly $1.25 billion, reflecting heavy selling pressure.
This divergence shows that even as the price of $XRP fell alongside the broader market, institutional demand for its ETF products remained firm—a stark contrast with the weakness in funds for major cryptocurrencies. Bitcoin ETFs saw net outflows of about $680 million last week, while Ethereum products saw outflows of about $540 million.
#ETF #XRP #Crypto Market
(Source: X)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
This divergence shows that even as the price of $XRP fell alongside the broader market, institutional demand for its ETF products remained firm—a stark contrast with the weakness in funds for major cryptocurrencies. Bitcoin ETFs saw net outflows of about $680 million last week, while Ethereum products saw outflows of about $540 million.
#ETF #XRP #Crypto Market
(Source: X)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.