Bitcoin exchange-traded funds kicked off the week with a strong showing, pulling in $170.09 million in net inflows. BlackRock alone drove nearly two-thirds of that total. Meanwhile, ether-focused products bled $11.42 million, and the HYPE token kept sliding.
BlackRock's dominant week
BlackRock's Bitcoin ETF accounted for the bulk of Monday's action. The firm's fund alone brought in roughly $113 million of the $170 million total. Seven Bitcoin funds recorded gains, and none reported an outflow — a clean sweep for the category. That's a rare sight in a market that's seen its share of choppy flows.
Ether funds in the red
Ether products didn't share the good fortune. They lost $11.42 million on the day. The outflow wasn't catastrophic, but it's a reminder that investor appetite for ETH exposure remains uneven. No single fund dominated the losses; it was a broad pullback across the board.
XRP edges higher
XRP managed a small gain, edging up as the broader market showed mixed signals. The move wasn't dramatic, but it stood out against the ether slide and the HYPE decline. XRP has been trading in a tight range lately, so any uptick gets attention.
HYPE's losing streak
HYPE resumed its decline, adding to a rough stretch for the token. The drop came without any obvious catalyst, suggesting selling pressure is still building. It's the kind of quiet slide that can worry holders more than a sudden crash.
For now, Bitcoin ETFs are the bright spot. Whether the momentum holds through the rest of the week is the open question. But Monday's numbers are a clear vote of confidence from institutional money.
