Bitcoin spot ETFs record $272M net outflows as Ether and XRP products see inflows
US-listed Bitcoin ETFs faced substantial withdrawals amid sharp price swings, while Ether and XRP-linked funds attracted capital, reflecting selective risk-taking during heightened market volatility.
On February 3, 2025, US-listed spot Bitcoin ETFs saw approximately $272 million in net outflows, according to SoSoValue, as Bitcoin's price fluctuated between $73,000 and $76,000. In contrast, Ether ETFs recorded about $14 million in net inflows, and XRP-focused products drew nearly $20 million. The divergence highlights shifting investor preferences during macroeconomic and tech-market stress, with capital moving toward assets perceived to offer distinct use cases or relative value rather than exiting crypto markets entirely. Bitcoin's trading pattern has shown growing sensitivity to equity market weakness, tighter financial conditions, and concerns over technology valuations, exemplified by a tech-sector selloff after Anthropic’s AI tool announcement.
- Spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly and tracks the spot price.
- Net outflows: The net cash moving out of funds over a period after subtracting inflows.
- Net inflows: The net cash moving into funds over a period after subtracting outflows.