Canary Leads XRP ETF Gains as Bitcoin ETFs Lose $101M

Spot bitcoin ETFs recorded net outflows of $100.82 million, driven entirely by Blackrock’s IBIT with a $103.65 million withdrawal and only one offsetting inflow from ARK & 21Shares’ ARKB of $2.83 million. Trading activity stayed relatively firm, with total value traded at $1.58 billion and total net assets at $101.06 billion. Ether ETFs extended a nine-session outflow streak, losing $32.58 million, led by Blackrock’s ETHA with $38.01 million in outflows. Blackrock’s ETHB and Bitwise’s ETHW posted inflows that softened the decline. Ether ETF trading volume totaled $416.16 million and net assets ended at $12.21 billion. XRP ETFs gained $8.88 million and Solana added $3.86 million as altcoin ETF demand remained steadier.

"Spot bitcoin ETFs recorded net outflows of $100.82 million, with the entire decline driven by Blackrock's IBIT. The fund posted a sizable $103.65 million withdrawal, continuing a difficult stretch for what has long been the market's dominant institutional bitcoin vehicle. There was only one offsetting inflow. Ark & 21Shares' ARKB added a modest $2.83 million, though the gain barely dented the broader negative trend. Trading activity remained relatively firm despite the continued withdrawals. Total value traded across bitcoin ETFs reached $1.58 billion, while total net assets closed at $101.06 billion."

"Ether ETFs also remained under pressure, extending their outflow streak to nine consecutive sessions with a net loss of $32.58 million. Blackrock's ETHA accounted for the majority of the weakness once again, shedding $38.01 million during the session. Yet beneath the headline outflow, there were pockets of demand. Blackrock's ETHB attracted $3.29 million in inflows, while Bitwise's ETHW added another $2.14 million. Those gains helped soften, but not reverse, the broader selling pressure. Trading volume across ether ETFs totaled $416.16 million, with net assets ending the day at $12.21 billion."

"Away from the two largest crypto assets, investor sentiment appeared more constructive. XRP ETFs extended their recent inflow streak with $8.88 million in fresh capital. Canary's XRPC led the category with $6.58 million, while Bitwise's XRP product brought in another $2.31 million. T"

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