Bitcoin ETFs See $1.26B Weekly Outflows as XRP and HYPE Products Gain

Between May 18 and May 22, spot bitcoin ETFs posted net outflows of $1.26 billion, while spot ether ETFs logged $216 million in withdrawals. Over the same period, inflows went to spot XRP ETFs ($22 million), solana ETFs ($15.6 million), and HYPE ETFs ($72.4 million), pointing to a rotation into alternative crypto-themed products.