Bitcoin and Ether ETFs Face Outflows as Solana and XRP Funds Gain Momentum

iconBitcoin.com
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Based on Bitcoin.com, the first week of December saw bitcoin and ether ETFs experience net outflows, while solana and XRP ETFs recorded steady inflows. Bitcoin ETFs ended the week with a net outflow of -$87.77 million, with Blackrock’s IBIT and ARK & 21Shares’ ARKB seeing significant declines. Ether ETFs lost -$65.59 million, largely driven by Blackrock’s ETHA. In contrast, solana ETFs posted a net inflow of $20.3 million, led by Bitwise’s BSOL. XRP ETFs continued their positive trend, ending the week with $230.74 million in inflows, marking four consecutive weeks of gains.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.