Spot cryptocurrency exchange-traded funds (ETFs) showed divergent performance trends last week. XRP-tracking funds saw minimal activity, with three days of no reported flows, while Bitcoin ETFs continue a recovery from earlier outflows. Meanwhile, Ethereum ETFs extended an outflow streak to eight consecutive days.
Data from SoSoValue reveals a sharp decline in interest for spot XRP ETFs. For the first time since their launch, these products had more days with zero reportable activity than days with net flows. The funds saw negligible net inflows totaling approximately $2.7 million across two days last week.
This marks the second consecutive weekly net inflow, but the figures remain modest. The month of March is still in the red with nearly $29 million in net outflows, the first such monthly instance since the November 2025 debut. This contrasts with the over $1 billion in net inflows attracted in the first month and a half after launch.
Spot Bitcoin ETFs, which experienced a massive withdrawal phase after an October market event, have shown recovery attempts. Bloomberg analyst James Seyffart stated on X that “Bitcoin ETFs have reversed almost ~$3 billion of the massive ~$9 Billion in outflows.” He noted the funds are now nearly flat for the year 2026.
Conversely, spot Ethereum ETFs are on an eight-day outflow-only streak. They have ended only three of the last eleven weeks with net inflows, shedding more than $200 million last week alone. This sustained outflow trend highlights current investor caution toward these specific products.
