Basri Caneri 
Cryptocurrency exchange traded products (ETPs) experienced outflows of $508 million last week. In particular, the $571 million outflow of funds from Bitcoin ETFs increased the selling pressure in the market, while XRP investment products attracted attention with an inflow of $38 million.
Big Outflows from Bitcoin ETFs Continue
According to CoinShares’ report dated February 24, outflows from crypto ETPs continue to increase. Outflows reached $508 million last week, up from $415 million the previous week.
The bulk of the outflows came from Bitcoin ETFs. Bitcoin ETPs alone saw outflows of $571 million, while altcoin-focused investment products either experienced inflows or remained stable.
- Bitcoin (BTC) ETP outflow: -$571 million
- XRP ETP inflow: +38 million dollars
- Solana (SOL) ETP inflow: +9 million dollars
- Ethereum (ETH) ETP inflow: +$3.7 million
- Sui (SUI) ETP entry: +1.5 million dollars
James Butterfill, head of research at CoinShares, said investors are cautious amid uncertainty over trade tariffs, inflation and monetary policy following the US presidential election.
XRP Traders Await ETF Approval
Recently, interest in XRP investment products has grown remarkably. XRP ETPs have received a total of $819 million in inflows since November 2024.
The biggest reason for this is investors’ expectation that the US Securities and Exchange Commission (SEC) will end its lawsuit against Ripple and approve a spot ETF for XRP.
If the SEC ends the case against Ripple, the possibility of an XRP ETF approval will be strengthened and this could open the door to a new wave of institutional interest in the market.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.