- Low Institutional Interest in Bitcoin, Ethereum, and XRP Under the Microscope:

Bitcoin, Ethereum, and XRP still face low or declining institutional interest, as evidenced by the performance of spot exchange-traded funds (ETFs) over the past few weeks.

According to data from SoSoValue, Bitcoin ETFs are expected to record four consecutive weeks of outflows (awaiting Friday’s data), which will raise total inflows to $54.31 billion and net assets under management to $82.86 billion. Investors withdrew approximately $410 million from U.S.-listed Bitcoin spot ETFs on Thursday.

This decline is undermining risk appetite, indicating that investors are rebalancing their portfolios and reducing exposure to high-risk assets.

Bitcoin ETF Inflows | Source | SoSoValue

Ethereum also experienced outflows on Thursday, with investors pulling just over $113 million from spot ETFs. This marks the second consecutive day of outflows, following Wednesday’s outflows of $129 million. Total inflows currently stand at $11.64 billion, with net assets at $10.97 billion.

Ethereum ETF Inflows | Source: SoSoValue

Meanwhile, sentiment toward XRP has worsened further, with outflows of about $6.4 million on Thursday after weak inflows on Wednesday. Despite Thursday’s outflows, total inflows amount to $1.22 billion, with net assets at $971 million.

In contrast, XRP ETFs have maintained steady inflows over the past few months, unlike Bitcoin and Ethereum, confirming investors’ skewed interest toward certain altcoins.

XRP ETF Inflows | Source: SoSoValue