$XRP spot ETFs buck the trend with 13 consecutive weeks of inflows: Three major funds saw combined outflows of about $1.25 billion last week
Last week (through October 9), flows into U.S. spot crypto ETFs diverged sharply:
1. $BTC ETFs saw net outflows of about $681.1 million, ending a three-week streak of net inflows;
2. $ETH ETFs saw net outflows of about $542.1 million, their weakest week since January, with outflows on all five trading days;
3. Solana spot ETFs saw net outflows of about $24.81 million, ending a 14-week streak of net inflows;
4. Over the same period, $XRP ETFs saw net inflows of about $11.31 million, marking their 13th consecutive week of net inflows (less than 1% of the combined outflows from the three funds above).
Source: SoSoValue (compiled by CryptoSlate). Net inflows do not guarantee price increases; XRP ETFs’ net assets still fell along with market capitalization that week.
For informational purposes only; not investment advice. DYOR. Use official channels only, and don't click unfamiliar claim links.
#XRP #ETF #BTC #ETH
Last week (through October 9), flows into U.S. spot crypto ETFs diverged sharply:
1. $BTC ETFs saw net outflows of about $681.1 million, ending a three-week streak of net inflows;
2. $ETH ETFs saw net outflows of about $542.1 million, their weakest week since January, with outflows on all five trading days;
3. Solana spot ETFs saw net outflows of about $24.81 million, ending a 14-week streak of net inflows;
4. Over the same period, $XRP ETFs saw net inflows of about $11.31 million, marking their 13th consecutive week of net inflows (less than 1% of the combined outflows from the three funds above).
Source: SoSoValue (compiled by CryptoSlate). Net inflows do not guarantee price increases; XRP ETFs’ net assets still fell along with market capitalization that week.
For informational purposes only; not investment advice. DYOR. Use official channels only, and don't click unfamiliar claim links.
#XRP #ETF #BTC #ETH