Bitcoin, Ethereum and XRP ETFs Bounce Back After Brutal Month for Crypto Funds

In brief

  • Crypto exchange-traded products added more than $1 billion last week, led by Bitcoin, Ethereum, and XRP ETFs.
  • The upswing came after a rough month for funds, following four weeks of outflows totaling $5.7 billion.
  • Bitcoin stabilized above $90,000 late last week, but has fallen again to start the new week.

Is the bloodshed over for crypto markets? Not quite, given that Bitcoin, Ethereum, and other major coins are all deep in the red to start the new week—but at least crypto funds finished November strong, putting up positive flows last week to break a recent losing streak.

Digital asset exchange-traded products experienced a significant reversal with $1.07 billion in inflows last week, according to data from CoinShares,…

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