Ether, XRP ETF Inflow Streaks Snap as Bitcoin Funds Rebound

U.S.-listed spot bitcoin and ether exchange-traded funds offer institutional investors regulated exposure to the two largest cryptocurrencies, making their daily flows a closely watched gauge of market risk appetite. Bitcoin funds had recorded nine consecutive sessions of net inflows before that run ended, while ether products have attracted steadier demand since mid-August. The renewed buying suggests confidence in mainstream crypto investment vehicles is recovering after periods of volatile positioning.

Spot bitcoin ETFs returned to net buying on Monday, Aug. 31, drawing $217 million one session after their nine-day inflow streak was interrupted. BlackRock’s iShares Bitcoin Trust, known by its ticker IBIT, led the rebound. Ether ETFs also maintained their momentum, extending a run of 11 consecutive trading days without a net outflow since mid-August, the second-longest such streak on record. XRP and Solana investment products continued to attract capital as well.

The U.S. Securities and Exchange Commission cleared spot bitcoin exchange-traded products in January 2024, followed by spot ether funds that began trading that July, giving investors regulated brokerage access to the two largest cryptocurrencies. Daily creations and redemptions in products run by BlackRock, Fidelity, Grayscale and others have since become a key gauge of institutional demand and short-term risk appetite, particularly when crypto prices turn volatile.

On Wednesday, July 29, U.S. spot bitcoin ETFs posted $32.1 million in net inflows, ending four consecutive trading days of withdrawals. BlackRock’s iShares Bitcoin Trust (IBIT) led subscriptions, offsetting redemptions from Fidelity’s FBTC and the ARK 21Shares Bitcoin ETF (ARKB). Spot ether ETFs, by contrast, swung to $18.65 million in net outflows. The divergence came as bitcoin and ether edged lower, suggesting demand for bitcoin-linked funds recovered despite the modest pullback in token prices.

U.S.-listed spot Bitcoin and Ethereum exchange-traded funds give investors regulated exposure to the two largest cryptocurrencies through conventional brokerage accounts. Their creations and redemptions have become a closely watched gauge of institutional demand and risk appetite, particularly because U.S. products account for most global crypto ETF assets and trading volume. Daily flow data from SoSoValue can also show whether price moves are supported by fresh capital or driven mainly by trading in the underlying tokens.

SoSoValue data showed spot Ethereum ETFs posted $70.62 million in net outflows on Friday, July 24, ending a five-session run that had attracted $211.25 million since July 17. The funds nevertheless took in $103.9 million for the week, their third consecutive weekly gain. Spot Bitcoin ETFs lost about $465 million across July 23 and July 24, ending a seven-day inflow streak, but retained a $33.79 million weekly net inflow and likewise recorded a third straight positive week.

Spot cryptocurrency ETFs have become an important gateway for traditional institutional investors seeking exposure to digital assets, with fund flows offering a direct gauge of Wall Street’s risk appetite and confidence in cryptocurrencies. After several weeks of weak flows, the market has recently shown signs of a reversal. Daily net flows into and out of spot bitcoin and ether ETFs have therefore become key indicators of the crypto market’s short- and medium-term direction and institutional activity.

U.S. spot bitcoin ETFs recorded net outflows of $85 million on Wednesday, July 8, 2026, ending a three-day inflow streak, according to market data. Spot ether ETFs bucked the trend with $70.5 million in net inflows, marking a fifth consecutive trading day of gains. Fidelity Investments’ ether fund, FETH, was the main driver, attracting as much as $69.2 million in a single day and underscoring strong buying support.

US spot cryptocurrency ETFs have become a key channel for institutions allocating capital to digital assets, and their fund flows are often viewed as a gauge of market risk appetite. Bitcoin products command the most assets, but persistent redemption pressure on Grayscale’s legacy GBTC contrasts sharply with inflows into newer products from BlackRock and others.

On Monday, July 20, US spot Bitcoin ETFs recorded combined net outflows of $64 million, driven mainly by $124 million in net outflows from Grayscale’s GBTC. BlackRock’s IBIT still attracted $66 million in net inflows. Over the same period, spot ETFs for Ether, XRP, Solana and Hyperliquid all posted net inflows.

The U.S. Securities and Exchange Commission approved spot Bitcoin and Ether ETFs in January and July 2024, respectively, giving investors access to crypto exposure through traditional brokerages. Creations and redemptions in these products affect fund holdings and market liquidity, making daily flows at major firms such as BlackRock and Fidelity an important gauge of institutional demand and pressure on crypto prices.

According to SoSoValue, spot Bitcoin ETFs recorded net inflows of $3.05 million on June 4, ending 13 consecutive days of outflows totaling more than $4.4 billion since mid-May. BlackRock’s IBIT attracted $47.66 million. Ether ETFs drew $19.3 million after 17 straight days of outflows, with the entire inflow coming from ETHA. Three HYPE ETFs launched on May 12 took in $12.15 million that same day, lifting their assets to $185 million. Each has posted net inflows every day since its debut.

XRP is the cryptocurrency used in Ripple’s cross-border payments network. U.S.-listed spot ETFs allow investors to gain exposure to its price without directly holding the token. Their fund flows are closely watched for signs that institutional investors may be rotating away from major assets such as bitcoin and ether into other cryptocurrencies.

By late May, U.S.-listed spot XRP ETFs had recorded about $35 million in cumulative net inflows, lifting their total assets to $1.12 billion. Over the same period, bitcoin and ether ETFs posted combined net outflows of about $2 billion, highlighting a marked divergence in fund flows.

U.S. spot Bitcoin ETFs allow investors to gain exposure to Bitcoin through regulated funds, and their flows are often viewed as an indicator of institutional demand. Flows weakened for a period after last October, but as market prices stabilize, traditional financial institutions’ allocations to crypto investment products are again drawing attention.

By the end of March, U.S. spot Bitcoin ETFs had recorded cumulative monthly net inflows of $1.56 billion, their first month of net inflows since last October. The latest holdings data also showed that Goldman Sachs had $152 million in XRP ETF exposure, making it one of the largest institutional holders.

US spot crypto ETFs allow investors to gain price exposure through traditional brokerage accounts, and their flows are often viewed as a real-time gauge of institutional risk appetite. The divergence emerged as Bitcoin rebounded to around $70,000: Bitcoin funds regained buying interest, while Ether, XRP and Solana funds continued to face redemptions. The pattern suggests that capital driving the rebound remains concentrated in the largest cryptocurrency by market capitalization.

US spot Bitcoin ETFs recorded net inflows of $167 million on Monday, March 9, reversing combined net outflows of about $577 million on March 5 and 6, according to SoSoValue. Over the same period, Ether, XRP and Solana ETFs posted outflows of $51 million, $18 million and $2.5 million, respectively, marking a third consecutive trading day of losses for each. Ether funds recorded cumulative three-day outflows of $225 million.

The U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs in January 2024, followed by the launch of spot Ether ETFs in July that year, allowing institutions to gain exposure to the two largest crypto assets through regulated funds. ETF flows have consequently become a key gauge of Wall Street demand and market risk appetite.

SoSoValue data through the end of February 2026 showed that investors had withdrawn money from U.S.-listed products for four consecutive months since November 2025. Spot Bitcoin ETFs recorded net outflows of $6.39 billion, while spot Ether ETFs lost $2.76 billion, for a combined $9.15 billion. This marked the longest streak of monthly outflows for Bitcoin funds since their January 2024 debut.