XRP, Ether Draw Fresh Cash as Bitcoin ETFs Lose $120M

U.S. bitcoin ETFs posted $120.24 million in net outflows on Wednesday, extending their losing streak to a second session. Ether, XRP and solana funds all attracted fresh capital, while HYPE ETFs remained under pressure. ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s direction. U.S. spot bitcoin exchange-traded funds (ETFs) […]
Key Takeaways
- bitcoin ETFs posted $120.24 million in net outflows on Wednesday, extending their losing streak to a second session.
- Ether, XRP and solana funds all attracted fresh capital, while HYPE ETFs remained under pressure.
- ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s direction.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Ex-BoE deputy governor headlines trio of former central bankers joining Fnality
Jon Cunliffe, Jochen Metzger and Ron Berndsen join Fnality Europe’s supervisory board as the company works to expand beyond its sterling payment system.
L&T Enters India’s Tokenized Bond Market
Larsen & Toubro (L&T) has made a significant entry into India’s tokenized securities space, becoming the country’s first private-sector company to issue a tokenized bond. The development comes at a time when Indian financial markets are beginning to explore…

Crypto exchange giant Bybit to offer European ‘super-app’ with stocks, derivatives
Bybit has an electronic money institution license in Austria and is about to snag a MiFID license too, CEO Ben Zhou told Coindesk.