Net outflows for five consecutive weeks, are institutions reducing their holdings or switching positions? The XRP ETF's contrarian inflow is quite interesting.

Crypto news, Wu said that according to sosovalue data, during last week's trading days (Eastern Time June 8 to June 12), Bitcoin spot ETFs experienced a net outflow of $316 million, marking the fifth consecutive week of net outflows. At the same time, Ethereum spot ETFs had a net outflow of $14.9072 million, also for five consecutive weeks. SOL spot ETFs had a net outflow of $2.58 million. XRP spot ETFs saw a net inflow of $10.6818 million. HYPE spot ETFs experienced a net inflow of $5.8662 million.