Briefing: $82.39M exits Bitcoin ETFs, XRP ETF snaps 13-week inflow streak
- —Bitcoin ETFs: $82.39M net outflow on Oct 16; IBIT lost $71.78M
- —XRP ETFs: $1.84M weekly outflow ended 13 straight weeks of inflows
- —A Justin Sun-linked address received 7.2 trillion PEPE worth $28.4M from Poloniex
- —Stablecoin payment volume rose 45% year-on-year to $482B over nine months
Why it matters: Sustained Bitcoin ETF outflows and the XRP fund reversal point to weakening institutional demand.
Source: TokenPost
More on this
Markets · Oct 10Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run
Markets · Sep 30Ethereum ETFs Snap Seven-Day Inflow Streak With $2.81M Outflow, Bitcoin Funds Keep Buying
Markets · Sep 29Daily brief: Bitcoin near $84K, 8-day ETF inflow streak, Bitwise launches NEAR ETF