Bitcoin-focused ETFs recorded $866 million in outflows as the US shutdown ended, pushing BTC to a six-month low and stoking concerns about market structure and investor demand. Some analysts say the move is a temporary pullback and remain bullish on the long-term thesis.
Canary's XRP ETF opened with $58 million in first-day volume, marking the biggest ETF debut of the year despite a wider crypto market pullback. The result signals renewed investor appetite for regulated XRP exposure even as prices face headwinds.