XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion

US-listed XRP exchange-traded funds maintained their inflow streak for a 13th consecutive week, while funds tied to Bitcoin, Ethereum, and Solana experienced approximately $1.25 billion in combined capital withdrawals for the week ending Oct. 9.

Based on SoSoValue data for Bitcoin, Ethereum, and Solana, Bitcoin ETFs saw $681.1 million in net withdrawals, Ethereum products shed $542.07 million, and Solana funds lost $24.81 million. Meanwhile, XRP ETFs pulled in $11.31 million, resulting in total net redemptions of roughly $1.24 billion across all four groups.

This market shift brought an end to a three-week stretch of Bitcoin ETF inflows as well as Solana’s 14-week positive run.

Additionally, Ethereum registered its heaviest weekly outflow since January.

Bitcoin buying loses momentum as Ethereum withdrawals deepen

The $681.1 million weekly outflow for Bitcoin followed $241.09 million in inflows from the prior week, marking a $922.19 million shift in investor sentiment.

Redemptions were largely concentrated across two trading days, with investors pulling out $487.07 million on Wednesday and an additional $244.13 million on Thursday. A minor inflow of $21.13 million on Friday offered some relief, but still resulted in the first negative week for these funds since the week ending Sept. 11.

Weekly netflow charts from CryptoQuant also highlight the recent outflow trend.

An Oct. 9 chart from the Bitcoin research platform Ecoinometrics estimated rolling 30-day ETF inflows between 30,000 and 40,000 BTC, signaling a slowdown in demand.

While the positive 30-day metric accounts for earlier purchases, the weekly data points to a recent trend reversal.

Total net assets for Bitcoin ETFs closed the week at $105.84 billion, dropping from $108.89 billion the week before. Total fund values are driven by both new subscriptions or redemptions and fluctuations in Bitcoin’s market price.

Ethereum experienced a more persistent turnaround. Its ETFs dropped $542.07 million—nearly four times the previous week’s $138.02 million outflow—with negative flows recorded in all five trading sessions.

Outflows of $201.89 million on Tuesday and $160.77 million on Wednesday made up roughly 67% of the week’s total withdrawals. Unlike Bitcoin products, which achieved a modest recovery by Friday, Ethereum funds failed to record a single positive trading day.

This selling pressure lowered cumulative net inflows since launch to $13.26 billion, down from $13.80 billion the week prior. Net assets dropped to $15.71 billion from $17.46 billion, a decrease that exceeded the value of withdrawals alone due to shifts in ETH market prices.

Solana’s streak ends while XRP ETFs keep attracting capital

Downward pressure also impacted Solana ETFs, which posted $24.81 million in weekly redemptions, marking their first negative week since June.

Every single trading session of the week saw withdrawals. Monday recorded the highest daily loss at $9.25 million, followed by $4.80 million on Wednesday, with the remaining days also closing in negative territory.

Though smaller than the outflows seen in Bitcoin and Ethereum funds, this loss halted a prolonged period of continuous subscriptions. Cumulative inflows for Solana ETFs dropped to $1.58 billion, with net assets wrapping up the week at $1.73 billion.

XRP funds served as the sole exception to the trend, pulling in $11.31 million during the week—more than double the previous week’s $4.74 million—and stretching their inflow streak to 13 weeks.

These capital additions occurred on Tuesday with $3.14 million and Thursday with $8.17 million, while the other three sessions experienced zero net flows.

The weekly inflows for XRP offset less than 1% of the combined redemptions across Bitcoin, Ethereum, and Solana ETFs, keeping them a minor counterweight to the wider market trend.

Even with positive subscriptions, XRP ETF assets still declined, falling to $1.57 billion from $1.66 billion the week before, while cumulative inflows ticked up to $1.80 billion.

Frequently Asked Questions

• What caused the multi-million dollar outflows in crypto ETFs? Market momentum shifted as investors withdrew capital from Bitcoin, Ethereum, and Solana products, resulting in combined weekly redemptions of about $1.24 billion.
• Did all crypto ETFs experience losses? No. While Bitcoin, Ethereum, and Solana funds suffered heavy withdrawals, US-listed XRP ETFs extended their inflow streak to 13 weeks by pulling in $11.31 million.
• How did Ethereum perform relative to Bitcoin? Ethereum recorded its largest weekly outflow since January with $542.07 million in redemptions and failed to post a single positive session, whereas Bitcoin ETFs saw $681.1 million in net withdrawals but managed a modest $21.13 million inflow on Friday.