Bitcoin ETFs Lose $261M in a Day While XRP Funds Hold Up Better Than the Rest

US spot Bitcoin funds slipped back into net outflows for the week on Wednesday as the price of BTC dropped below $81,000 following the latest inflation report.

Bitcoin ETF Outflows and Weekly Flow Data

Bitcoin ETFs saw about $262 million leave on Wednesday, wiping out the $176 million that came in the day before, according to Blockto data. That pushed net outflows for the week to $151 million through Wednesday, after investors pulled $681 million out the week before. Bitcoin traded near $80,700 at the time of writing, down 3.3% over 24 hours.

Ether, Solana and Zcash ETF Outflows

Ether ETFs lost around $130 million on Wednesday, taking weekly outflows to $190 million. They had already seen $542 million exit last week and $138 million the week before. Solana ETFs shed $1.3 million, extending their outflow streak to eight trading sessions, with $3 million withdrawn this week. Zcash ETFs drew $3.7 million on Wednesday but are still down $3.2 million for the week.

XRP ETF Inflows Stand Out

XRP ETFs attracted about $740k on Wednesday and were the only one of the five tracked categories to post positive net flows this week.