- Bitcoin and XRP lead fund flows into exchange-traded funds, while Ethereum lags behind.


Bitcoin saw a resurgence of institutional interest on Thursday, with total cash inflows into spot ETFs reaching approximately $131 million.

This ended a two-day streak of declines, with total outflows of $233 million on Tuesday and $635 million on Wednesday. Data from SoSoValue indicates that total inflows amount to $58.63 billion, while the average net assets under management are $107.75 billion.

Bitcoin ETF fund flows | Source: SoSoValue

Spot ETF flows for XRP showed a significant improvement, attracting nearly $19 million in cash flows on Thursday after weak activity the previous day. Cumulative cash flows increased slightly to $1.37 billion, compared to $1.36 billion the day before. Total assets under management reached a four-month high of $1.25 billion, confirming growing institutional appetite for risk.

XRP ETF fund flows | Source: SoSoValue

Meanwhile, spot ETFs for Ethereum declined compared to Bitcoin and Ripple, with a downward trend as outflows of nearly $6 million were recorded on Thursday. Data from SoSoValue shows Ethereum experienced four consecutive days of outflows, with total inflows reaching $11.90 billion and net assets under management at $13.45 billion.

Ethereum ETF fund flows | Source: SoSoValue

The value of open positions in Ethereum perpetual futures contracts fell to $32.78 billion on Thursday, a significant decrease from $34.82 billion the previous day. This trend confirms a decline in trader confidence in Ethereum’s recovery prospects, as participants remain hesitant to open new positions. The ongoing decrease in open interest increases downside risks for Ethereum, potentially paving the way for a retest of the $2,000 demand zone.

Open trading data for Ethereum futures contracts | Source: CoinGlass
BTC-1.58%
XRP-2.27%
ETH-2.26%
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Before00zero
· 3h ago
There were performance chart images, but there are restrictions on my account, and I can no longer post images.
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