Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend

Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend

Summary

US spot Bitcoin ETFs saw $262 million in outflows on Wednesday, reversing $176 million of inflows the previous day and leaving the week’s net flows at minus $151 million through Wednesday. Bitcoin fell below $82,000 after a US inflation report and traded near $80,741, down 3.2% over 24 hours. Ether ETFs lost $130 million Wednesday and $190 million for the week. Solana ETFs recorded a third week-to-date outflow and extended their withdrawal streak to eight sessions. Zcash ETFs had $3.7 million in Wednesday inflows but remained negative for the week. XRP ETFs were the only tracked category with positive weekly flows.