Spot ETF Flows: BTC Leads, ETH and XRP Add Inflows
Spot ETF flows lifted crypto demand last week, with Bitcoin ETF flows leading clearly. BTC net inflows peaked early, then faded as BTC approached ~$83K. Still, the weekly total remained strongly positive.
Bitcoin ETFs were the main driver. Net inflows were about $532M on Monday and $467M on Tuesday. After BTC neared ~$83K, flows slowed and flipped negative later in the week (-$277M on Thursday, -$146M on Friday). Despite the late outflows, the weekly net inflow reached $622.75M versus $154M in the prior week. Cumulative BTC ETF inflows are above $59B.
Ethereum ETFs also stayed positive but showed more volatility. The week ended with over $70M in inflows after a sharp Thursday pullback (-$103.5M). This did not fully offset the prior-week outflows of more than $82M. Cumulative ETH ETF inflows remain above $12B since mid-2024.
XRP ETFs saw steadier participation. Weekly net inflows topped $34M, versus roughly $35K net outflows the week before. Total net flows reached an all-time high of $1.32B.
Other spot ETF demand included SOL (~$40M net inflows) and smaller adds in LINK and DOGE (~$1M each). For traders, improving spot ETF flows support near-term momentum, but BTC ETF outflows late in the week flag short-term volatility risk.
Bullish
Spot ETF flows strengthened over the week, especially for BTC, which tends to translate into broader market momentum and near-term price stability. ETH and XRP ETFs also ended the week with net inflows, confirming demand beyond just Bitcoin. However, late-week BTC outflows and ETH’s midweek pullback point to fragile sentiment and make short-term swings more likely. Overall, the balance still skews positive for the mentioned assets, hence a bullish bias with volatility risk.