Spot Ethereum ETFs saw $48.08 million in net outflows on Wednesday, ending a 12-day streak that accumulated $1.62 billion. Similarly, XRP ETFs recorded $7.2 million in outflows, concluding an 11-session period that brought in roughly $170 million.
Bitcoin ETFs reversed the trend, recording $101.15 million in net inflows. This follows a significant outflow of $236.5 million on Tuesday, which was the largest single-day exit for the category since July 31.
BlackRock’s iShares Ethereum Trust led the outflows with $53.4 million, while its staked Ethereum ETF, ETHB, saw $52.9 million in inflows. Bitwise’s XRP fund accounted for nearly all of the $7.2 million outflow in the XRP category.
Within the Bitcoin category, BlackRock’s IBIT attracted $115.45 million, while Grayscale’s GBTC fund lost $56.21 million. Solana ETFs also experienced a decline, recording $6.13 million in outflows on the same day.
Total net assets across all Bitcoin ETFs currently stand at $97.22 billion, with cumulative inflows reaching nearly $54.7 billion since their launch in January 2024. August saw a record monthly inflow of $3.52 billion for the category.