- ETF fund flows are heading towards Bitcoin and XRP funds, while Ethereum lags behind.

Institutional interest in Bitcoin remained steady this week, with spot ETF inflows totaling $225 million on Tuesday — a significant drop from $458 million the day before.

Cumulative inflows rose to $55.48 billion on Tuesday, up from $55.26 billion on Monday, while the average net assets under management stood at $87.58 billion, down from $88.43 billion in the same period.

Steady flows indicate that appetite for risk assets like Bitcoin is improving despite the uncertainty caused by the war in the Middle East.

Bitcoin ETF fund flows | Source: SoSoValue

XRP also reflects steady ETF fund flows this week, as evidenced by US-listed products attracting nearly $7.5 million on Tuesday. Bitwise and Canary Capital funds captured all inflows, totaling $6 million and $1.45 million respectively.

Steady cash flows have continued to distinguish the Ripple token since February 24, leading to total cumulative inflows of $1.25 billion and net assets under management reaching $1 billion.

XRP ETF fund flows | Source: SoSoValue

As for Ethereum, spot ETFs have underperformed compared to their Bitcoin and XRP counterparts, recording outflows of nearly $11 million on Tuesday. BlackRock and Grayscale funds captured all incoming flows, totaling approximately $42 million and $19 million respectively.

The Fidelity-backed FETH ETF experienced significant losses, with outflows of $67 million, according to SoSoValue data. The average cumulative inflows stand at $11.63 billion, while net assets are at $11.31 billion.

Ethereum ETF fund flows | Source: SoSoValue