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Tuesday 13 OctoberAdvertiseSources read

Crypto & Bitcoin

Crypto ETFs Lose $1.22B as XRP Defies Bitcoin, Ethereum Selloff

Reported by Rupam Roy, The Coin Republic

Image: The Coin Republic

Key Insights: Crypto ETFs recorded $1.22 billion in combined Bitcoin and Ethereum withdrawals. Bitcoin ETFs ended three consecutive weeks of inflows as redemptions accelerated. XRP funds attracted fresh capital ahead of another Solana ETF listing. U.S. crypto ETFs faced renewed selling pressure during the week ending Oct. 9, as institutional fund flows diverged. Bitcoin and Ethereum exchange-traded funds recorded approximately $1.22 billion in combined net withdrawals. XRP investment products attracted inflows, although the broader market continued to decline. The divergence exposed differences in investor demand across major digital assets.

This is an excerpt. The reporting belongs to The Coin Republic.

Read the full report on thecoinrepublic.com
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