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Bitcoin surged past $77,000, triggering fresh outflows from Ether and XRP ETFs 📉.
Ether funds recorded a third straight day of net redemptions even as Ether’s price climbed. XRP‑linked ETFs similarly shed capital, widening the gap between Bitcoin‑dominant products and alt‑coin offerings. By contrast, all other major crypto ETFs posted inflows, with Zcash funds extending their recent rally. Market observers interpret the shift as a risk‑off move, favoring Bitcoin’s liquidity and price momentum. The outflow pattern may prompt fund managers to reassess allocation strategies across the crypto asset class.
Analysts warn the trend could strain altcoin liquidity if Bitcoin dominance endures 🔔.
$AVA, $ONE, $ONE
Bitcoin surged past $77,000, triggering fresh outflows from Ether and XRP ETFs 📉.
Ether funds recorded a third straight day of net redemptions even as Ether’s price climbed. XRP‑linked ETFs similarly shed capital, widening the gap between Bitcoin‑dominant products and alt‑coin offerings. By contrast, all other major crypto ETFs posted inflows, with Zcash funds extending their recent rally. Market observers interpret the shift as a risk‑off move, favoring Bitcoin’s liquidity and price momentum. The outflow pattern may prompt fund managers to reassess allocation strategies across the crypto asset class.
Analysts warn the trend could strain altcoin liquidity if Bitcoin dominance endures 🔔.
$AVA, $ONE, $ONE
