Bitcoin and Ethereum ETFs Continues Outflows While Solana and XRP Record Largest Inflow
Crypto investment products saw $446 million in outflows last week, led by Bitcoin and Ethereum, while Solana and XRP ETFs recorded their largest inflows.Summary
Crypto investment products experienced $446 million in outflows last week, contributing to a total of $3.2 billion withdrawn since the October 10th price decline, although year-to-date inflows remain strong at $46.3 billion. Bitcoin products accounted for the majority of the outflows at $443 million, followed by Ethereum's $59.5 million in losses. In contrast, Solana and XRP ETFs showed significant positive momentum, recording their largest weekly inflows since their inception, with XRP netting $79 million and Solana adding over $7.5 million. This divergence indicates that investor sentiment is becoming highly selective, favoring exposure to newer altcoin products like XRP and Solana despite continued capital exit from Bitcoin and Ethereum funds.
(Source：CCN)