Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP Price Faces a Turning Point as ETFs Record 13 Weeks of Inflows
XRP ETFs have already attracted $8 million in net inflows this week, extending their positive streak to 13 weeks, while Bitcoin, E...
XRP Price Drops, But ETF Defies Crypto Bloodbath as Bitcoin and Ethereum Funds Bleed
US spot XRP ETFs recorded about $740,000 in net inflows even as the coin lost 6% of its price over 24 hours. Bitcoin, Ethereum, So...
Bitcoin ETF Records $260 Million Outflows, Led by Fidelity and BlackRock
US spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, led by Fidelity’s FBTC with $152.7 million withdrawn a...
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.
Bitcoin, Ether ETFs Lose $391M as Single-Day Rebound Vanishes
U.S. crypto ETF flows swung sharply back into negative territory on Wednesday, with bitcoin and ether funds shedding a combined $3...
Tether paid millions to Bo Hines’ firm while he worked at the White House
The scrutiny over Hines' dual roles may undermine trust in stablecoin regulations and impact Tether's US market expansion efforts....