Spot Ether and XRP exchange-traded funds reversed course on Wednesday, posting net outflows after sustained inflow streaks, while Bitcoin ETFs attracted fresh capital the same day.
Ether ETF products recorded $48 million in net outflows on September 3, ending 12 consecutive trading days of inflows that had accumulated $1.62 billion. BlackRock’s iShares Ethereum Trust ETF (ETHA) led outflows with $53.4 million, followed by Fidelity’s Ethereum Fund (FETH) at $26.2 million and Grayscale’s Ethereum Staking ETF (ETHE) at $23.5 million. BlackRock’s staked Ether ETF (ETHB) bucked the trend, posting $53 million in net inflows.
XRP ETF products ended an 11-session inflow run with $7.2 million in net outflows on Wednesday. The reversal came after the category had attracted $170 million during its consecutive inflow streak, bringing cumulative XRP ETF inflows to $1.68 billion.
Bitcoin ETFs drew $101.2 million in inflows on Wednesday, a rebound from the prior day’s $236.5 million in net outflows recorded on September 2.
Price movements preceded the flow reversals. Ether declined 3.4 percent over the seven days leading to Wednesday, trading at $2,407 at publication. XRP fell 2.4 percent to $1.36, while Bitcoin slipped 1.3 percent to $77,744.
Data tracking the flows came from SoSoValue, Farside Investors, and CoinGecko, three sources that monitor cryptocurrency ETF activity and digital asset pricing across US-listed products.