Bitcoin and Ether ETFs Lose $350M While XRP and HYPE Draw Inflows
Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP , HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone.
Bitcoin and Ether ETFs Lose $350M While XRP and HYPE Draw Inflows. Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP , HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone. Key Takeaways Bitcoin ETFs lost $228.9M, extending a 9-day outflow streak. Ether ETFs shed $121.4M for a 13th straight day of outflows, signaling weak institutional demand. XRP, HYPE, and solana ETFs posted inflows, showing selective appetite beyond BTC and ETH. Bitcoin ETFs Fall Below $95B as Blackrock IBIT Leads Another Selloff The crypto ETF market is still searching for a floor. After more than a week of steady redemptions, investors continued to p...