Ether, XRP ETF inflow streaks end as Bitcoin funds rebound

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 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 BlackRock’s staked Ether ETF (ETHB) partially offset those withdrawals with around $53 million in net inflows

Spot XRP ETFs also posted $7.2 million in net outflows, ending an 11-session inflow streak. The streak brought in about $170 million, lifting cumulative XRP ETF inflows to about $1.68 billion.

<a href="https://xpertsstudio.com/sam-altman-chatgpt-ai-predicts-wild-bitcoin-price-in-2027/” title=”Sam Altman ChatGPT AI Predicts Wild Bitcoin Price in 2027″>Bitcoin ETFs moved in the opposite direction, drawing $101.2 million on Wednesday after $236.5 million in net outflows a day earlier.

The shift in ETF flows came as cryptocurrency prices declined, with Ether leading losses over the past seven days, down 3.4%, followed by XRP at 2.4% and Bitcoin at 1.3% the three crypto assets traded at $2,407, $1.36 and $77,744, respectively

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Source: www.fxstreet.com