US Spot Bitcoin and Ether ETFs Post Outflows as XRP Gains
U.S. spot Bitcoin ETFs recorded net outflows of about $138 million on April 29, while spot Ethereum ETFs posted net outflows of $87.73 million. In contrast, XRP spot ETFs saw net inflows of $3.59 million, diverging from the broader withdrawals in the larger crypto-fund categories.
Among Bitcoin funds, Morgan Stanley’s MSBT had the largest single-day net inflow at $10.81 million. On the Ethereum side, Fidelity’s FETH led outflows with $48.37 million in net redemptions.
From the sources (2 posts)
@wublockchainOn April 29 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $138 million. Morgan Stanley’s MSBT posted the largest single-day net inflow among Bitcoin spot ETFs at $10.81 million. Spot Ethereum ETFs saw total net outflows of $87
@cointelegraph🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on Apr. 29, meanwhile BTC and ETH spot ETFs saw net outflows. BTC: -$137.77M ETH: -$87.73M XRP: $3.59M