The Block: U.S. spot Bitcoin ETFs see $244.1 million in outflows; Ether funds extend losing streak as Ripple products take in $8.2 million

AI Market Summary

U.S. spot Bitcoin ETFs saw $244.1M net outflows, extending to two straight sessions, signaling softer near-term institutional demand via the ETF channel. Ether ETFs lost another $72.5M, stretching to eight consecutive outflow sessions, reinforcing risk-off positioning in major crypto beta. A small $8.2M inflow into XRP-linked products was insufficient to offset broader negative flow dynamics.

Impact level

● Medium

Affected assets

BTC/USDT-0.51%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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THE BLOCK: U.S. spot Bitcoin ETFs posted $244.1 million in net outflows on Thursday, marking a second straight session of redemptions. Spot Ether ETFs recorded another $72.5 million in net outflows, extending their streak to eight consecutive sessions. Ripple ETFs, in contrast, drew $8.2 million in net inflows.

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