- Outflows from exchange-traded funds (ETFs) negatively impact Bitcoin, Ethereum, and XRP:

Institutional interest in Bitcoin has declined, as evidenced by spot ETF outflows, which reached $397 million on Wednesday. This marks the thirteenth consecutive day of outflows, leading to a decrease in total cumulative inflows to $54.26 billion from $54.56 billion during the same period. The average total assets under management (AUM) stand at $82.83 billion, down from $85 billion.

Ethereum ETF funds continued to decline, with total outflows of $53 million on Wednesday. The average cumulative inflows amount to $11.19 billion, while net assets under management (AUM) are $9.96 billion, according to SoSoValue data.

Ethereum ETF inflows | Source: SoSoValue
XRP ETF funds experienced a decline for the first time since April, with outflows of $5.34 million on Thursday. However, SoSoValue data shows activity remained weak on some days. The average cumulative inflows are $1.14 billion, while net assets under management (AUM) are $1.03 billion, according to SoSoValue.
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