Crypto Drama: Bitcoin Drowns While XRP Throws a Lifebuoy!

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Looks like the crypto exchange-traded funds (ETFs) are on a losing streak longer than my last attempt at a New Year’s resolution. Bitcoin, Ether, and Solana are bleeding more than a soap opera character after a dramatic cliffhanger, while XRP is strutting around like it just won “Dancing with the Stars.” Can you say selective positioning in this risk-off market?

Crypto ETF Rout Deepens for Bitcoin and Ether

So, the selling pressure is sticking around like that one friend who never knows when to leave a party. Crypto ETFs closed the week under so much strain they might as well be in a yoga class for stress relief. Another wave of redemptions swept through the market, making it feel like the crypto world is on a perpetual downslide. But wait! Only XRP decided to play the hero and break away from the doom and gloom.

Bitcoin spot ETFs took a nosedive with a $509.7 million net outflow-talk about a wallet diet! Blackrock’s IBIT was the main culprit, with a whopping $528.3 million exit. Meanwhile, modest inflows into Ark & 21Shares’ ARKB ($8.34 million), Fidelity’s FBTC ($7.30 million), and Vaneck’s HODL ($2.96 million) tried to soften the blow but were about as effective as a band-aid on a broken leg. Total value traded reached $5.32 billion, while net assets slid further to $106.96 billion. Ouch!

Ether spot ETFs didn’t fare much better, posting a $252.87 million net outflow. Blackrock’s ETHA accounted for most of the decline with a $157.16 million exit, followed by Fidelity’s FETH, which lost $95.71 million. Trading was buzzing like a coffee shop on a Monday morning at $1.80 billion, but alas, net assets continued their sad descent to $15.86 billion.

XRP spot ETFs, however, threw a surprise party with a $16.79 million net inflow. Demand was spread across several issuers, led by $8.19 million into 21Shares’ TOXR. Bitwise’s XRP added $3.91 million, while Canary’s XRPC brought in $2.79 million and Franklin’s XRPZ contributed $1.90 million. Total value traded stood at a modest $28.74 million, with net assets holding steady at $1.19 billion. Who knew XRP could be the life of the party?

Solana spot ETFs slipped back into the abyss, shedding $11.24 million. Bitwise’s BSOL saw a $10.12 million exit while Grayscale’s GSOL lost $2.15 million. A small $1.04 million inflow into Fidelity’s FSOL was like bringing a salad to a barbecue-nice gesture, but not really enough to make a difference. Trading volume came in at $58.45 million, and net assets fell below $1 billion to $991.62 million. Sad trombone sound here.

Overall, January 30th felt like a clear market divide. Bitcoin and Ether faced aggressive redemptions, Solana lost its footing, and XRP remained the lone bright spot, reminding us that sometimes, even in a sea of red, there can be a glimmer of hope-if you squint hard enough.

FAQ 📊

  • Why did crypto ETFs extend their losing streak?
    Because persistent risk-off sentiment drove heavy redemptions across major crypto ETFs, and they just couldn’t take it anymore.
  • How severe were Bitcoin and Ether ETF outflows?
    Bitcoin ETFs lost $509.7 million and Ether ETFs shed $252.9 million in a single session. Talk about a wallet detox!
  • Which crypto ETF outperformed the market?
    XRP ETFs shined with a $16.8 million net inflow, proving it’s the overachiever of the group.
  • What does this divergence signal for investors?
    Capital is rotating selectively, favoring perceived resilience over broad exposure. In simpler terms, don’t put all your eggs in the crypto basket-especially if it’s a Bitcoin basket!

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2026-01-31 22:27