Spot crypto ETFs just had a rough week. Bitcoin and Ethereum ETFs combined for $503 million in outflows. BTC at $67,420, ETH at $2,065. The one exception: XRP ETFs pulled in $15.8 million, the only major category posting positive flows.
But zoom out and the XRP ETF picture is mixed too. March had only four inflow days total, and net flows for the month are around negative $28 million. Seven spot XRP ETFs are now trading in the U.S. with combined AUM of about $1 billion and 769.8 million XRP locked. Interesting that XRP is attracting capital while the two biggest crypto ETF categories are losing it.
Could be positioning ahead of the Clarity Act. Could just be rotation.