Outflows in Bitcoin ETFs Are Deepening, Ethereum and XRP Are Providing Returns

Decline in Bitcoin ETFs

As of February 3, U.S. exchanges saw a net outflow of approximately 272 million dollars from spot Bitcoin Exchange Traded Fund (ETF) products. This occurred during a period when the Bitcoin price experienced sharp fluctuations between 73,000 and 76,000 dollars.

Increase in Ethereum and XRP Funds

On the other hand, spot Ethereum ETFs attracted a net inflow of approximately 14 million dollars. Additionally, products linked to XRP also saw net flows worth around 20 million dollars. These movements indicate that investors are not exiting the cryptocurrency ecosystem but rather reallocating within the asset class.

Market Sentiment and Capital Movements

This divergence in flows highlights Bitcoin's increasing sensitivity to broader macroeconomic and technology market stresses. At the same time, it draws attention to the fact that investors are gravitating towards crypto assets that offer specific use cases or relative value.