Bitcoin and Ether ETFs experienced significant outflows in the first week of December, with Bitcoin ETFs losing $87.77 million and Ether ETFs shedding $65.59 million. Notably, Blackrock's IBIT and ARK & 21Shares' ARKB were among the hardest hit in the Bitcoin ETF category, while Blackrock's ETHA led the declines for Ether ETFs.
In contrast, Solana and XRP ETFs gained traction, with Solana ETFs recording a net inflow of $20.3 million, primarily driven by Bitwise's BSOL. XRP ETFs continued their upward momentum, attracting $230.74 million in inflows, marking the fourth consecutive week of gains for the asset.
Bitcoin and Ether ETFs See Outflows as Solana and XRP Funds Attract Inflows
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