Grayscale's GBTC drove bitcoin fund outflows as Ether, XRP, Solana and Hyperliquid drew inflows

Bitcoin investment funds recorded $64 million in outflows, with the weakness attributed to Grayscale's GBTC, while products tied to Ether, Solana, XRP and Hyperliquid posted inflows. The pattern suggests product-specific pressure in bitcoin exposure and a rotation of crypto investment flows into major alternative assets rather than a broad retreat from digital-asset funds.

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