US Spot Crypto ETFs See Weekly Inflows Into Bitcoin, Solana and XRP, While Ether Posts $138 Million Outflow
Minseung Kang
Summary
- Among U.S. spot crypto ETFs, products tied to Bitcoin (BTC), Solana (SOL) and XRP posted net inflows last week.
- Cointelegraph said U.S. spot Bitcoin ETFs recorded $241.09 million in net inflows last week.
- Over the same period, spot Solana and XRP ETFs posted net inflows of $2.43 million and $4.74 million, respectively, while spot Ether (ETH) ETFs saw $138.02 million in net outflows.
Forecast Trend Report by Period
Among U.S. spot cryptocurrency exchange-traded funds, products tied to Bitcoin (BTC), Solana (SOL) and XRP posted net inflows last week, while spot Ether (ETH) ETFs recorded net outflows.
Cointelegraph said on X, formerly Twitter, on October 5 that U.S. spot Bitcoin ETFs drew net inflows of $241.09 million last week.
Over the same period, spot Solana and XRP ETFs attracted net inflows of $2.43 million and $4.74 million, respectively.
By contrast, spot Ether ETFs saw net outflows of $138.02 million, making them the only major spot crypto ETF category to lose funds.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.