Bitcoin ETFs Pull in $352 Million to Extend Rebound While XRP Funds Remain Hot

Bitcoin ETFs pulled in $352 million last week, accounting for roughly half of all crypto fund inflows during the span, according to digital assets manager CoinShares. And the runner-up wasn’t Ethereum, as is often the case, but rather fresh XRP funds.

There’s additional good news for Bitcoin investors, too: Interest has waned in products that short, or bet against, BTC.

“Short-Bitcoin products saw outflows of $18.7 million, the largest since March 2025,” James Butterfill, CoinShares’ head of research, wrote. “At that time, outflows coincided with a similar price low, suggesting that ETP investors believe the current bout of negative sentiment may now have reached its bottom.”

At the time of writing, Bitcoin was trading for $90,259 after having gained about 1% in the past day and 6.6% in the past week.

Crypto funds pulled in a total of $716 million for the week, with a large portion of the rest coming primarily from the $244 million that went into XRP funds. It’s no coincidence that XRP got a new leveraged ETF last week. Ethereum funds added about $39 million last week, per CoinShares.

The broader ETF picture is that assets under management has fallen significantly from the all-time high of $264 billion, but is still rebounding.

“Daily data highlighted minor outflows on Thursday and Friday in what we believe was a response to macroeconomic data in the U.S. alluding to ongoing inflationary pressures,” Butterfill added. “Total assets under management have risen by 7.9% from their November lows to $180 billion, but remain well below their all-time high of $264 billion.”

Last week, the Bureau of Labor Statistics released new personal consumption expenditures data for the first time since the U.S. government shutdown ended last month. PCE, the Federal Reserve’s preferred inflation gauge, showed that inflation rose 2.8% year-over-year in September. This was lower than the forecast and a slight cooldown from August’s 2.9% reading.

Users on Myriad, a prediction market platform owned by Decrypt parent company Dastan, think there’s a 94% chance that the Federal Open Market Committee will announce another 25 basis point cut on Wednesday.