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

US-listed XRP ETFs extended their inflow streak to 13 weeks as Bitcoin, Ethereum and Solana funds suffered nearly $1.25 billion in combined withdrawals during the week ended Oct. 9.

Bitcoin ETFs recorded $681.1 million in net withdrawals, while Ethereum products shed $542.07 million and Solana funds lost $24.81 million, according to SoSoValue's Bitcoin, Ethereum and Solana tables. XRP ETFs added $11.31 million, leaving the four groups with combined net redemptions of about $1.24 billion.

The divergence ended three weeks of Bitcoin ETF inflows and Solana's 14-week positive streak.

Ethereum recorded its largest weekly outflow since January.

Bitcoin buying loses momentum as Ethereum withdrawals deepen

Bitcoin's $681.1 million weekly outflow followed $241.09 million of inflows the previous week, a $922.19 million swing in investor demand.

Redemptions were concentrated in two sessions. Investors withdrew $487.07 million on Wednesday and another $244.13 million on Thursday. A $21.13 million inflow on Friday provided some relief, but left the funds with their first negative week since the week ended Sept. 11.

CryptoQuant's weekly netflow chart also shows withdrawals in the latest week. Bitcoin ETFs Weekly Netflow (source: CryptoQuant)

Bitcoin-focused research platform Ecoinometrics' Oct. 9 chart placed rolling 30-day ETF inflows at roughly 30,000 to 40,000 BTC and marked demand as slowing. US-listed Bitcoin ETFs Momentum Slows (Source: Ecoinometrics)

The positive 30-day measure includes earlier purchases, while the weekly figure captures the latest reversal.

Bitcoin ETF net assets ended the week at $105.84 billion, down from $108.89 billion a week earlier. Fund asset values reflect both subscriptions or redemptions and changes in Bitcoin's market price.

Ethereum's reversal was more persistent. Its ETFs lost $542.07 million, nearly four times the previous week's $138.02 million outflow, with withdrawals recorded in all five sessions.

Tuesday's $201.89 million outflow and Wednesday's $160.77 million accounted for about 67% of the weekly withdrawals. Unlike Bitcoin funds, which recovered modestly by Friday, Ethereum products did not post a single positive session.

The selling reduced cumulative net inflows since launch to $13.26 billion from $13.80 billion the preceding week. Net assets fell to $15.71 billion from $17.46 billion, a larger decline than the withdrawals alone and one that also reflects changes in ETH's price.

Solana's streak ends while XRP ETFs keep attracting capital

The pressure extended to Solana ETFs, which recorded $24.81 million in weekly redemptions and their first negative week since June.

All five trading sessions registered withdrawals. Monday's $9.25 million was the largest daily loss, followed by $4.80 million on Wednesday, while the remaining sessions also ended below zero.

The loss was smaller than those of Bitcoin and Ethereum, but interrupted a lengthy stretch of subscriptions. Solana ETF cumulative inflows slipped to $1.58 billion, with net assets closing at $1.73 billion.

XRP funds provided the exception. They attracted $11.31 million during the week, more than double the prior week's $4.74 million, extending their run to 13 consecutive weeks of inflows.

The additions came on Tuesday, when XRP products drew $3.14 million, and Thursday, when they received $8.17 million. The other three sessions recorded no net flows.

XRP's weekly inflows offset less than 1% of the combined withdrawals from Bitcoin, Ethereum and Solana ETFs, making them a small counterweight to the broader redemptions.

Positive subscriptions also failed to prevent a decline in XRP ETF assets. Their net assets fell to $1.57 billion from $1.66 billion in the previous week, even as cumulative inflows rose to $1.80 billion.

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