Bitcoin ETFs Lead Crypto Fund Inflows with $352 Million, XRP Funds Gain on New Leveraged ETF Launch
Bitcoin ETFs attracted $352 million in inflows last week, accounting for about half of the total crypto fund inflows of $716 million, according to CoinShares data. XRP funds followed as the week's second-largest contributor with $244 million in inflows, coinciding with the launch of a new leveraged XRP ETF. Ethereum funds saw approximately $39 million in inflows during the same period.
Short-Bitcoin products experienced $18.7 million in outflows, marking the largest outflow since March 2025 and suggesting that negative sentiment toward Bitcoin may have bottomed. Total assets under management for crypto ETFs increased by 7.9% from November lows to reach $180 billion, though this remains well below the all-time high of $264 billion.
Bitcoin was trading around $90,259, up about 1% on the day and 6.6% over the past week. Meanwhile, U.S. PCE inflation rose 2.8% year over year in September, which was cooler than forecasted. This macroeconomic data was linked to minor outflows observed on Thursday and Friday.