Fondurile tranzacționate la bursă bazate pe Bitcoin (Bitcoin ETFs) au atras 251 de milioane de dolari, în timp ce Goldman Sachs se află în fruntea investitorilor în fonduri tranzacționate la bursă bazate pe XRP
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US spot Bitcoin exchange-traded funds (ETFs) saw increased inflows on Tuesday, even as BTC dipped below $70,000.
Spot Bitcoin
BTCUSD
ETFs recorded $251 million in inflows, building on Monday’s $167 million in gains, according to SoSoValue data.The inflows continue a positive trend in March, with cumulative monthly gains now at $1.56 billion versus $576.6 million in outflows.
The inflows came despite Bitcoin briefly falling to $69,400 on Tuesday, according to CoinGecko. It traded at $69,810 at the time of writing, down 0.7% over the past 24 hours.
XRP selling eases as Goldman Sachs tops ETF holdings
Following a three-day outflow streak, some altcoins, including Ether
ETHUSD
, flipped into the positive territory, seeing minor inflows at $12.6 million. Solana
SOLUSD
funds posted no inflows.XRP (XRP) funds, by contrast, posted about $3.9 million in outflows, extending their selling streak to a fourth straight session, though the pace of redemptions eased from Monday’s larger withdrawals.
Bloomberg ETF analyst James Seyffart noted in a post on X that XRP ETFs have held up well despite the asset’s volatility. According to CoinGecko, XRP dropped around 5% over the past 30 days, trading at $1.38 at the time of writing.
“They’ve taken in a cumulative $1.4 billion since launch,” Seyffart said, adding that Goldman Sachs emerged as the largest XRP ETF holder. As of Dec. 31, the investment bank held around $154 million in XRP ETFs, compared with $23 million and $5.3 million held by Millennium Management and Logan Stone Capital.
In another post on X, Seyffart provided a breakdown of four groups of ETFs, highlighting that XRP ETFs are largely driven by retail demand.Only 15.9% of XRP ETF assets under management are reported in 13F filings, compared with 48.8% for SOL ETFs, which are more institutionally held. Bitcoin and Ether ETFs fall in between, with 24% and 27% of assets disclosed in filings, respectively.
Magazine: The debate over Bitcoin’s four-year cycle is over: Benjamin Cowen
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