CryptoSlate
US-listed XRP ETFs attracted $11.31 million during the week ended Oct. 9, extending their inflow streak to 13 weeks. That resilience stood against nearly $1.25 billion in combined withdrawals from Bitcoin, Ethereum and Solana funds. Bitcoin ETFs lost $681.1 million, Ethereum products shed $542.07 million and Solana funds recorded $24.81 million in redemptions.
Why it matters
The divergence points to a broad pullback in demand for the largest crypto ETF categories rather than a sector-wide exit from every listed product. XRP's inflow more than doubled from the prior week's $4.74 million, but it offset less than 1% of the combined withdrawals. Bitcoin ended a three-week inflow run, while Solana's 14-week positive streak also stopped.
Ethereum saw the sharpest deterioration in relative terms. Its $542.07 million outflow was nearly four times the previous week's $138.02 million loss, with withdrawals recorded in all five sessions. The product group also posted its largest weekly outflow since January.
Market impact
Bitcoin's weekly reversal followed $241.09 million of inflows the prior week, a $922.19 million swing in demand. Withdrawals reached $487.07 million on Wednesday and $244.13 million on Thursday, while a $21.13 million inflow on Friday provided only limited relief. Bitcoin ETF net assets ended the week at $105.84 billion, down from $108.89 billion.
Ethereum ETF net assets fell to $15.71 billion from $17.46 billion, while Solana's cumulative inflows slipped to $1.58 billion and net assets closed at $1.73 billion. XRP ETF assets also declined to $1.57 billion from $1.66 billion despite cumulative inflows reaching $1.80 billion, showing that market prices affected asset values alongside fund flows.
Frequently asked questions
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How much did Bitcoin ETFs lose during the week ended Oct. 9?
Bitcoin ETFs recorded $681.1 million in net withdrawals. The outflow ended a three-week run of weekly inflows.
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Did XRP ETF inflows offset the broader crypto fund withdrawals?
No. XRP ETFs attracted $11.31 million, offsetting less than 1% of the combined withdrawals from Bitcoin, Ethereum and Solana funds.
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How did Ethereum ETF flows compare with the prior week?
Ethereum ETF outflows reached $542.07 million, nearly four times the previous week's $138.02 million loss. All five trading sessions recorded withdrawals.
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Which ETF inflow streaks ended during the reported week?
Bitcoin ended a three-week inflow run, while Solana's 14-week positive streak also ended. XRP extended its inflow streak to 13 weeks.
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Why did ETF net assets fall even when some products had inflows?
Net assets reflect both subscriptions or redemptions and changes in the underlying asset's market price. XRP assets fell to $1.57 billion despite cumulative inflows reaching $1.80 billion.
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