Ether and XRP ETFs post outflows as crypto majors move higher

Ether funds shed money for a third straight session even as the token rose, while every major gained and zcash extended its run.
Key Takeaways
- Ether funds shed money for a third straight session even as the token rose, while every major gained and zcash extended its run.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

21shares Sees XRP Demand Growing as XRPL Activity Expands Further
XRP demand could increase as payments, stablecoins, decentralized finance, and tokenized assets bring more activity to the XRP Ledger, according to 21shares. The asset manager says activity could support XRP demand through fees, reserves, and bridge…

XRP ETFs hit a speed bump, but big investors aren’t dumping their tokens yet
A $5.15 million redemption was concentrated in two funds, leaving the next weekly flow pattern to decide whether the pause becomes a broader retreat. The post XRP ETFs hit a speed bump, but big investors aren’t dumping their tokens yet appeared first on…

Evernorth Lines Up $30M in Notes for XRP Buys, Ecosystem Activity
Evernorth has agreed to issue a $30 million convertible note to fund XRP purchases and broader ecosystem activity. The financing remains contingent on its proposed merger with Armada Acquisition Corp. II closing during the fourth quarter. Evernorth Ties Note…