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Bitcoin, Ethereum, and XRP tokens attract slight interest from (ETFs).
Bitcoin ETF funds recorded modest inbound cash flows of approximately $6.84 million on Monday, marking the first positive day after five consecutive days of net outflows. This moderate flow on Monday broke the short-term recovery trend that reflected risk aversion in the overall crypto market. However, total inflows remain positive at over $56 billion, with total net assets at $113.5 billion.
Investors remain cautious amid geopolitical tensions, macroeconomic uncertainty, and regulatory challenges in the United States. Surpassing the $90,000 mark for Bitcoin could stabilize interest, as Bitcoin ETF products become more attractive to investors.
Bitcoin ETF inflows | Source: SoSoValue
Ethereum ETFs performed notably on Monday, with net inflows of around $117 million. This surge in demand for spot Ethereum ETFs followed four days of outflows, bringing the total cumulative inflows to $12.42 billion, with assets under management at $17.62 billion.
Ethereum ETF inflows | Source: SoSoValue
Meanwhile, XRP continues to attract ongoing interest from (ETFs) with four days of continuous cash flows. Data from SoSoValue shows that spot XRP ETFs attracted nearly $8 million in cash flows on Monday. The total cumulative inflows now stand at $1.24 billion, with net assets at $1.36 billion. The Bitwise XRP ETF outperformed other products with cash flows of approximately $5.3 million.