Key Takeaways:
Bitcoin ETFs saw $89.68M outflows on Apr 28, led by Blackrock IBIT’s $112.25M exit. Ether ETFs lost $21.80M as Blackrock ETHA fell, signaling cooling institutional demand. XRP ETFs gained $2.20M via Canary XRPC, hinting at selective inflows as markets recalibrate.There was a counterbalance, though not enough to shift the overall direction. Ark & 21Shares’ ARKB drew in $41.20 million, offering a partial offset to the broader selling. Even so, the net picture remained firmly negative.
Taken together, the data points to a market in transition. After a period of sustained inflows, investors appear to be recalibrating exposure rather than exiting outright. The rest of the week will be key in determining whether this is a brief pause or the start of a shift in sentiment.
