Bitcoin ETF outflows deepen as ether and XRP funds quietly attract inflows
Summary
U.S.-listed spot Bitcoin ETFs experienced net outflows of approximately $272 million on Tuesday, continuing a trend during recent Bitcoin price swings, which saw the asset fluctuate sharply between $73,000 and $76,000. Conversely, spot ether ETFs attracted about $14 million in net inflows, and XRP-focused products drew nearly $20 million. This divergence suggests investors are rotating exposure within the crypto complex rather than exiting the market entirely. The pattern reflects shifting risk preferences, as Bitcoin increasingly acts as a macro-sensitive risk asset reacting to equity market stress, while capital favors assets like ether and XRP perceived to have distinct use cases or relative value.
(Source:CoinDesk)