Bitcoin, Ethereum ETFs Lose Over $1B as XRP Fund Surges
Exchange-traded funds tracking Bitcoin and Ethereum recorded more than $1 billion in net asset declines on Nov. 14, with BlackRock's iShares Bitcoin Trust alone losing over $250 million. That marked the largest daily outflow for the Bitcoin ETF complex since February and underscores renewed investor caution; large ETF withdrawals can amplify selling pressure and squeeze short-term liquidity for BTC and ETH.
By contrast, an XRP-focused fund posted significant inflows, driving a notable rotation into the token's fund. Flow divergences like this matter because they reveal shifting institutional preferences and can influence price momentum; market participants will be watching whether the move into XRP is a temporary reallocation or the start of a broader trend across crypto ETFs.