Bitcoin exchange-traded funds (ETFs) opened the week in the red with a $60 million outflow, while ether, solana, and especially XRP ETFs saw notable inflows. The contrast set the tone for a mixed but active start to the week across digital asset products.
Ether and XRP Surge With Strong Inflows as Bitcoin ETFs Slip
This article was published more than a month ago. Some information may no longer be current.
WRITTEN BY
SHARE
Bitcoin Funds Slide as Ether and XRP ETFs Start Week Strong
The new week opened with a split narrative across crypto ETFs, one where bitcoin stumbled, yet ether and XRP found the momentum that eluded the market leader. Trading desks saw brisk activity, and while the sentiment was hardly bearish across the board, bitcoin ETFs’ pullback set the week off on a cautious footing.
Bitcoin ETFs recorded a $60.48 million outflow, ending the day firmly in the red despite a healthy inflow from Blackrock’s IBIT. IBIT absorbed $28.76 million, but the strength there was overshadowed by a wave of exits: $44.03 million drained from Grayscale’s GBTC, $39.44 million left Fidelity’s FBTC, and another $5.76 million flowed out of Vaneck’s HODL. Even with $3.14 billion traded on the day, the category couldn’t regain its footing as total net assets settled at $118.50 billion.
Ether ETFs, in contrast, started the week on the offensive. The group posted a $35.49 million inflow, driven entirely by two funds. Blackrock’s ETHA led with a $23.66 million addition, while Grayscale’s Ether Mini Trust contributed another $11.83 million, reinforcing the renewed investor interest that has been building around ETH. Total value traded hit $1.34 billion, pushing net assets up to $19.61 billion.
XRP ETFs delivered one of the day’s standout performances with a $38.04 million inflow, another strong showing for a category that has quietly stacked gains week after week. Franklin’s XRPZ dominated with $31.70 million, followed by $4.20 million into Bitwise’s XRP, $1.33 million into Canary’s XRPC, and $810K into Grayscale’s GXRP. Total trading volume reached $21.49 million, while net assets held steady at $923.71 million.
Read more: ETF Flows Recap: Red Week for Bitcoin and Ether, Green for Solana and XRP
Solana ETFs logged a small but steady positive, recording a $1.18 million inflow, entirely from Fidelity’s FSOL. Trading was relatively light at $22.22 million, with net assets unchanged at $890.11 million.
FAQ 📊
- Why did Bitcoin ETFs start the week in the red?
Bitcoin ETFs saw $60 million in outflows as major issuers faced sizable withdrawals. - Which crypto ETF categories recorded inflows?
Ether, XRP, and solana ETFs all posted positive inflows to kick off the week. - What drove the strong inflows into XRP ETFs?
Franklin’s XRPZ led the category with over $31 million in new capital entering the fund. - How did Ether ETFs perform compared to Bitcoin?
Ether ETFs posted a $35 million inflow, signaling improving sentiment around ETH.
