XRP ETFs Soar as Bitcoin and Ethereum Funds Shed $1.25 Billion in One Week
Is your wallet losing steam? Shockingly, Bitcoin's inflows have lost momentum, with a staggering $1.25 billion in combined withdrawals from Bitcoin, Ethereum, and Solana funds during the week ended October 9. But don't worry, XRP ETFs are bucking the trend, extending their 13-week inflow streak to $11.31 million. However, this small silver lining is overshadowed by the broader redemptions. Ethereum ETFs recorded their largest weekly outflow since January, with $542.07 million in net withdrawals. Solana's 14-week positive streak came to an end, with $24.81 million in weekly redemptions. Bitcoin's net assets fell to $105.84 billion, while Ethereum's cumulative net inflows since launch dropped to $13.26 billion. The question on everyone's mind is: what's behind this sudden shift in investor demand? Will XRP's momentum continue, or will the bear market take over? Stay tuned to find out. Subscribe to our channel for the latest news and insights.
Tags/Hashtags: #xrp #bitcoin #ethereum #solana #etfs #inflows #outflows #redemptions #cryptocurrency #xrp #bitcoin #ethereum #solana #sosovalue #cryptoquant #ecoinometrics
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