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

News.Bitcoin.com
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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

  1. bitcoin ETFs posted $120.24 million in net outflows on Wednesday, extending their losing streak to a second session.
  2. Ether, XRP and solana funds all attracted fresh capital, while HYPE ETFs remained under pressure.
  3. ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s direction.
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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.