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XRP, Ether Draw Fresh Cash as Bitcoin ETFs Lose $120M
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: U.S. bitcoin ETFs posted $120.24 million in net outflows on Wednesday, extending their losing streak to a second session. Ether, XRP and solana funds all attracted fresh capital, while HYPE ETFs remained under pressure. ARK Leads Outflows for Bitcoin ETFs The money kept moving, just not in bitcoin’s direction. U.S. spot bitcoin exchange-traded funds (ETFs) […] Crypto Insight Analysis: Direction: Bearish BTC / Bullish ETH / Bullish XRP / Bullish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bitcoin ETF outflows signal short-term bearishness, while altcoin inflows boost ETH, XRP, and SOL sentiment.