Cryptocurrency4h ago
Live updates: XRP funds stand out among U.S. ETFs as bitcoin, ether, solana funds see outflows
AI EXECUTIVE SUMMARY
U.S. exchange-traded funds focused on XRP attracted nearly $2 million in investments on Tuesday. Meanwhile, funds tied to other major digital assets including bitcoin, ether, solana, and hyperliquid experienced capital outflows. Grayscale's investment products were responsible for the entirety of the outflows recorded in both the bitcoin and ether funds.
WHY IT MATTERS
This divergence highlights a notable shift in investor capital away from dominant cryptocurrencies like bitcoin and ether toward alternative assets like XRP.
XRP ETFs took nearly $2 million on Tuesday while bitcoin, ether, solana and hyperliquid funds all lost money. Grayscale's products account for the entire outflow in both bitcoin and ether.
This story was originally reported by CoinDesk. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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