XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue
Summary
US-listed crypto ETFs saw $575.91 million in net outflows in the week ended Oct. 16, extending losses across Bitcoin, Ethereum and Solana funds and ending XRP ETFs’ 13-week inflow streak with $1.84 million in withdrawals. Ethereum led losses at $319.97 million, followed by Bitcoin at $228.58 million and Solana at $25.52 million. Combined withdrawals were lower than the prior week’s $1.24 billion. Bitcoin ETF outflows eased, but analysts said demand has weakened as Treasury yields rise and Federal Reserve policy turns more restrictive, creating competition for investment in non-yielding assets.
