Bitcoin and XRP Spot ETFs Log Inflows; Ethereum Funds Extend Outflows on June 12
Spot crypto ETF flows diverged on June 12, with Bitcoin and XRP products taking in new money while Ethereum funds stayed under pressure.
US spot Bitcoin ETFs recorded $85.9 million of net inflows for the day, according to CoinGlass. XRP spot ETFs added $2.04 million. Ethereum spot ETFs continued to see redemptions after posting a $15.89 million net outflow on June 11, with June 12 also shaping up as another negative session.
The shift in Bitcoin flows stands out after the asset's ETFs recently closed a record 13-day outflow streak that topped $4.4 billion and only ended in early June. A return to inflows is being read less as routine churn and more as a tentative re-entry by institutions following an extended period of withdrawals.
XRP ETFs have built $978.86 million in total net assets and $1.44 billion in cumulative inflows since their late-2025 debut. The launch came as the long-running Ripple-SEC case reached resolution, removing a major regulatory overhang. The category also saw $7.44 million in inflows on June 9, a recent high.
Market watchers see XRP's steady accumulation as more consistent with deliberate allocation than momentum-driven trading. The token has largely traded in a $1.10–$1.30 range, well below prior highs, yet cumulative inflows suggest positioning that may be more durable than short-term speculation. Across crypto ETF categories, BlackRock's products continue to exert an outsized influence on flow trends, making the firm a key reference point when daily data prints.
For investors, Bitcoin's single positive day is encouraging but not definitive given the scale of the preceding $4.4 billion in outflows. XRP's asset base remains small relative to Bitcoin ETFs, though the pattern of consistent inflows has kept its trajectory pointed higher despite subdued spot prices. Ethereum's sustained ETF outflows risk becoming self-reinforcing: as assets shrink, liquidity can thin, spreads can widen, and the products can become less compelling to new buyers.
