Bitcoin ETFs Slide $486M; XRP Posts First-Ever Outflows
Bitcoin ETFs Shed $486 Million as XRP Sees First-Ever Outflows
U.S. spot crypto exchange-traded funds (ETFs) came under broad pressure midweek as risk appetite faded and major tokens moved sharply lower. Bitcoin and ether ETFs both saw notable withdrawals, while XRP recorded its first-ever day of net outflows.
Bitcoin ETFs led the retreat, shedding $486 million in net outflows. The pullback coincided with a sharp decline in both bitcoin and ether, highlighting how ETF flows can quickly reflect changing sentiment when underlying markets weaken.
XRP’s move stood out for a different reason. The token’s U.S. spot ETF products posted their first day of net outflows, marking a shift from prior activity and signaling that selling pressure extended beyond the largest crypto funds.
In contrast, solana was the only major crypto ETF category reported in positive territory, indicating a more selective approach by investors rather than a uniform exit from digital-asset exposure.
The midweek flows underscore the growing role crypto ETFs play in translating market moves into visible, daily positioning. As these products become more established, their inflows and outflows are increasingly watched as a barometer for institutional and advisor demand during periods of heightened volatility.
