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Canary Leads XRP ETF Gains as Bitcoin ETFs Lose $101M

By bitcoin.com
May 23, 2026
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Key Takeaways:

Bitcoin ETFs lost $100.82M as Blackrock IBIT extended a 5-day outflow streak.Ether ETFs fell $32.58M for a ninth straight day, led by Blackrock ETHA exits. XRP gained $8.88M, and solana added $3.86M as altcoin ETF demand stayed firm.
XRP ETFs Add $8.8M as Bitcoin and Ether Funds Extend Losing Streaks Bitcoin ETFs outflows over the past five days. Source: Sosovalue

Ether ETFs also remained under pressure, extending their outflow streak to nine consecutive sessions with a net loss of $32.58 million.

Blackrock’s ETHA accounted for the majority of the weakness once again, shedding $38.01 million during the session. Yet beneath the headline outflow, there were pockets of demand. Blackrock’s ETHB attracted $3.29 million in inflows, while Bitwise’s ETHW added another $2.14 million.

HYPE ETFs continued their strong start with a $16.15 million inflow. Bitwise’s BHYP brought in $8.44 million while 21Shares’ THYP added $7.71 million. Trading activity continued to reveal rising interest in HYPE ETFs, with $83.25 million traded and net assets closing at $81.13 million.

HYPE ETFs have started strong with seven days of inflow. Source: Sosovalue
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