Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
AI summary
Bitcoin ETFs have seen $151 million in net outflows since Monday, following $681 million in withdrawals the previous week, with total weekly outflows reaching $261 million. XRP-focused funds, however, bucked the trend and attracted inflows. The persistent BTC ETF outflows signal weakening institutional demand, a bearish near-term pressure on Bitcoin's price, while XRP's relative strength may draw trader attention.
Narrative history
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1H AGOYou’re reading thisBitcoin ETFs shed $261M as XRP funds buck weekly outflow trendCointelegraph · Score 65
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3H AGOCrypto Briefing · Score 55 · via $261M, ETFs shed
