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Ether and XRP ETFs Experience Outflows Amid Bitcoin Surge

Ether and XRP ETFs faced significant outflows, while Bitcoin ETFs saw substantial inflows amid a broader market surge.

Mercation Admin
September 18, 2026 1 min read
Ether and XRP ETFs Experience Outflows Amid Bitcoin Surge

Recent data indicates that U.S. spot ether exchange-traded funds (ETFs) faced substantial withdrawals totaling around $39 million on Thursday, marking their third consecutive day of outflows. This followed previous exits of $224 million and $141 million on Wednesday and Tuesday, respectively, as reported by SoSoValue. Despite the outflows, ether itself rose by 2% to approximately $2,470 during this period.

In comparison, XRP ETFs saw a decrease of about $5 million, reversing a minor inflow from the day before. Meanwhile, bitcoin ETFs attracted roughly $159 million, and the only U.S. Zcash fund gained nearly $47 million, contributing to a monthly total of over $230 million in inflows.

Over the past month, ether funds have accumulated more than $1.5 billion, while bitcoin funds have increased by nearly $2.5 billion. Zcash led the major cryptocurrencies with a notable 10% rise to around $1,488, followed closely by hyperliquid's HYPE, which saw nearly a 10% increase to just above $86. Other cryptocurrencies, including Solana and BNB, also experienced gains, while bitcoin rose over 1% to about $77,216.

In the broader market, equities and bonds experienced gains as oil prices fell, following the Federal Reserve's first interest rate hike of 2023. The S&P 500 rose approximately 1%, marking its largest increase in six weeks, while the Nasdaq 100 surged nearly 2%. The yield on the 10-year Treasury note dropped, ending an eight-day increase streak, and the dollar remained stable. Gold prices rose, and Brent crude oil settled below $105 per barrel.

The drop in oil prices has eased some inflation concerns, which the Federal Reserve addressed with the recent rate hike, allowing bonds to rally alongside stocks. Throughout the week, the cryptocurrency market has mirrored stock market trends, rather than moving independently.

The Zcash fund continues to attract investments, despite the outflows from the two largest cryptocurrency ETFs. Observing whether this trend persists into next week will be essential.