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Ether, XRP ETF inflow streaks end as Bitcoin funds rebound

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 10 Views

Ether, XRP ETF inflow streaks end as Bitcoin funds rebound

Ether ETFs posted $48 million in outflows after attracting $1.62 billion over 12 trading days, while XRP funds ended an 11-session inflow run.

US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand.

Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows, according to SoSoValue data. The funds had attracted $1.62 billion during the streak.

BlackRock’s iShares Ethereum Trust ETF (ETHA) led Ether fund outflows with $53.4 million, while the Fidelity Ethereum Fund (FETH) lost $26.2 million and the Grayscale Ethereum Staking ETF (ETHE) shed $23.5 million, according to Farside Investors data. BlackRock’s staked Ether ETF (ETHB) partially offset those withdrawals with around $53 million in net inflows.

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