Ether ETFs break outflow streak while XRP products hit multi-week highs
Summary
Spot Ether ETFs in the US reversed a seven-day outflow streak by recording $84.6 million in net inflows on Monday, following over $700 million in outflows the previous week. Concurrently, XRP ETFs extended their inflow streak, hitting $43.9 million on Monday, marking their best daily performance since early December, with cumulative inflows exceeding $1.1 billion since launch.
Flows across other altcoin ETFs showed divergence: Solana (SOL) ETFs continued steady accumulation, reaching $750 million in cumulative inflows, and Chainlink (LINK) ETFs added nearly $2 million. In contrast, Dogecoin (DOGE) ETFs showed cooling demand, with cumulative inflows stuck at $2 million and low trading volume. Despite these individual gains, global crypto ETPs still saw roughly $952 million in net outflows last week, largely driven by spot Bitcoin and Ether funds, which asset manager CoinShares linked to regulatory uncertainty from delays concerning the Digital Asset Market Clarity Act.
(Source:Cointelegraph)