XRP Beats Bitcoin in Net ETF Flows
Analysis
Price Impact
MedXrp etfs recorded net inflows while bitcoin and ethereum etfs experienced outflows. this divergence suggests a growing institutional interest in xrp, potentially signaling a shift in capital allocation or diversification strategy.
Trustworthiness
HighThe data is sourced from sosovalue, a reputable data provider, and reported by u.today, a known crypto news outlet. the figures are specific and quantifiable.
Price Direction
BullishConsistent net inflows into xrp etfs, especially when major cryptos like btc and eth are seeing outflows, indicates positive sentiment and accumulating institutional demand for xrp, which can lead to upward price pressure.
Time Effect
LongEtf inflows represent institutional capital accumulation, which tends to have a more sustained and long-term effect on price discovery and market sentiment rather than a short-term pump.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News On December 4, Bitcoin ETFs saw a total net outflow of $194.64 million on December 4, according to SoSoValue data . Advertisement The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of $112.96 million, and the total historical net inflow of IBIT currently stands at $62.55 billion. On the contrary, XRP ETFs saw a net inflow of $12.84 million. Franklin XRP ETF XRPZ recorded the largest chunk of it, with a single-day net inflow of $5.70 million. HOT Stories Crypto Market Prediction: XRP's Last Chance Before $1, Another Bitcoin (BTC) Wave to Set $100,000 in Stone, Shiba Inu (SHIB) Comeback to the Bottom is Possible Ethereum’s Buterin Advocates for Stronger Crypto XRP Hits Astonishing 1,694,200% Liquidation Imbalance, Vitalik Buterin Breaks Silence on Ethereum Outage, $185 Million in Bitcoin Exits Binance in Minutes – Crypto News Digest Morning Crypto Report: Elon Musk's SpaceX Relocates $100 Million in Bitcoin, USD Stablecoin $1 Million Exploit, New Cloudflare Outage Takes Down Coinbase On Friday, Bitcoin ETFs showed a stronger performance, with a total net inflow of $54.79 million. However, BlackRock's ETF IBIT saw a net outflow of $32.4 million. Its historical cumulative net inflow currently stands at $62.517 billion. Advertisement XRP ETFs scooped $10.23 million in inflows yesterday. Canary XRP ETF (XRPC) saw the most of it, marking $4.97 million inflow. Ethereum ETFs also recorded $75.2 million outflow, while Solana ETFs saw a total net inflow of $15.68 million yesterday. Will Bitcoin recover in 2025? Bitcoin started December near 85,000 dollars but staged a sharp rebound that pushed it up to the 94,000 dollar area. This move revived hopes among traders that a seasonal Christmas rally could still emerge. Retail investors have been eyeing 97,000 dollars as an important resistance level and a potential point to take profit, yet the market has not been able to reach that target. Source: CoinMarketCap Despite the recent volatility, Bitcoin continues to dictate direction for the broader market. Most major altcoins tend to mirror its movements, and sentiment across the sector usually adjusts in response. For now, market participants remain cautious but optimistic as they wait for a decisive breakout to set the tone going into 2025. On the bright side, the “extreme fear” state of the last two months is starting to shift, as the Fear & Greed index moves from the red zone into orange. #XRP ETF #Solana ETF #Ethereum ETF #BlackRock #Bitcoin Price Prediction