The inflow streaks for US-listed spot Ether and XRP exchange-traded funds (ETFs) have ended, marking a shift in investor sentiment after weeks of sustained demand. Ether ETFs recorded $48 million in net outflows on Wednesday, while XRP ETFs saw $7.2 million in net outflows, according to data from SoSoValue and Farside Investors.
Bitcoin ETFs, however, reversed a day earlier’s $236.5 million in outflows, attracting $101.2 million in inflows. This contrast highlights diverging trends across major cryptocurrencies, with Bitcoin’s inflows driven by renewed institutional interest despite broader market volatility.
BlackRock, Fidelity, and Grayscale—key providers of Ether-related ETFs—were notably affected. BlackRock’s iShares Ethereum Trust ETF (ETHA) faced $53.4 million in outflows, while Fidelity’s Fidelity Ethereum Fund (FETH) and Grayscale’s Grayscale Ethereum Staking ETF (ETHE) each lost over $20 million. BlackRock’s staked Ether ETF (ETHB) partially offset these losses with $53 million in inflows.
The end of the 12-day Ether inflow streak and 11-day XRP inflow streak underscores growing caution among investors. Ether and XRP prices fell 3.4% and 2.4%, respectively, over seven days, while Bitcoin declined 1.3% to $77,744. Cumulative inflows for XRP ETFs reached $1.68 billion, but recent outflows suggest profit-taking amid broader market corrections.
Written by Oliver Grant
Markets Desk